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Thailand: Fallout from an ‘economic war’

Thailand’s customs-cleared export value continued to expand for a 17th consecutive month in July, but the growth rate slowed to 4.3% year-on-year after robust gains of 11.9% in June, 10.5% in May, 9.9% in April and 19.5% in March, which was the highest level since records began in 1991. The slower pace of export growth […]

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Countries, including Cambodia, growing 70% of world’s food face ‘extreme’ heat risk by 2045

Blistering crop-withering temperatures that also risk the health of agricultural workers could threaten swathes of global food production by 2045 as the world warms, an industry analysis warned Thursday. Climate change is already stoking heatwaves and other extreme weather events across the world, with hot spells from India to Europe this year expected to hit […]

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Affirmation of Philippine rating reflects sustained recovery

MANILA, Philippines — The decision of Moody’s Investors Service to maintain the Philippines’ investment grade Baa2 rating and stable outlook reflects the sustained economic recovery amid increased external headwinds, according to economic managers. Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said the affirmation of the country’s rating would support the sustained recovery of the […]

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