phil03
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Delayed recovery to slash Philippine GDP growth to 7.1%

MANILA, Philippines — Sporadic COVID-19 outbreaks in Southeast Asia are threatening to delay recoveries and could slash the projected gross domestic product (GDP) growth of the Philippines to 7.1 percent instead of 9.6 percent this year, according to S&P Global Ratings. In a report, the debt watcher said the major emerging markets in the region […]

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malay01
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World Bank: Malaysian economy to recover this year

KUALA LUMPUR: Malaysia’s economy is expected to return to positive growth this year, along with other economies globally on the sustained progress in the vaccine rollouts that will boost consumption worldwide, the World Bank Group said. Its Macroeconomics, Trade and Investment Global Practice lead economist, Richard Record, said the group expects the vaccine deployment can […]

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