MANILA, Philippines — The government is maintaining its economic growth target at 6.5 percent for 2021 despite renewed mobility restrictions amid surging COVID-19 cases. During a meeting with President Duterte Wednesday night, acting Socioeconomic Planning Secretary Karl Chua expressed optimism that the economy would slowly recover this year following a slump in 2020. “Our projection […]
Read MoreOverall Thai exports in February contracted by 2.59% to US$20.2 billion year-on-year, attributed to a drop in industrial products and gold shipments, but officials believe the country will enjoy a gradual recovery starting next month. “The February figures were satisfactory,” said Phusit Ratanakul Sereroengrit, director-general of the Trade Policy and Strategy Office, adding the value […]
Read MoreCybersecurity companies predict that the rise of cyberattacks will continue in 2021 in Vietnam. Vietnam’s small and medium enterprises (SMEs) in the industry of finance-banking, especially those providing e-wallet services, are still the subject of cybercriminals, according to tech experts. Second in the list of favorite subjects of cyber crimes are SMEs providing internet-based services […]
Read MoreEight tourism-related associations are calling for a concrete vaccination plan and a commitment to expedite the reopening process on July 1 for a quick economic recovery. The tourism organisations submitted the requests to the Tourism and Sports Ministry to allocate Covid-19 vaccines for at least 70% of residents in Phuket or Koh Samui from April […]
Read MoreThe Commerce Ministry has launched measures to increase rice exports to 6 million tonnes this year, valued at around 150 billion baht, with Indonesia, China, Bangladesh and Iraq set to be the main markets under government-to-government (G2G) deals. G2G deals and a campaign to make Thai rice more recognisable among other communities around the world […]
Read MoreExports in February dropped a bigger-than-expected 2.59% from a year earlier, weighed down by lower gold shipments, the commerce ministry said on Thursday. The reading compares with a fall of 1.50% forecast in a Reuters poll and a 0.35% increase in January. Excluding gold, exports would have increased 4.01% in February. Source: https://www.bangkokpost.com/business/2089455/exports-drop-2-59-y-y
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