MANILA, Philippines — More economists believe the Philippines is set to join the interest rate hike bandwagon as pressure for monetary tightening continues to grow. In its Asia Macro weekly report titled “Rising Pressure to Jump on the Rate Hike Bandwagon,” ANZ Research economist Krystal Tan said rising domestic inflation is becoming difficult to ignore. […]
Read MoreGenerally speaking, the BRI has provided tremendous opportunities and benefits to all participating countries around the world, helping to boost regional and global economies during and after the pandemic, says Vasim Sorya, undersecretary of state and spokesman for the Ministry of Public Works and Transport Xinhua – Projects under the China-proposed Belt and Road Initiative (BRI) have been […]
Read MoreDigital Economy and Society Minister Chaiwut Thanakamanusorn held talks in Laos on Saturday, ahead of an expected explosion of digital trade when border checkpoints open on Monday. Chaiwut was visiting Nong Khai to inspect progress of digital development in the Northeast border province, and dropped in on Lao Science and Technology Minister Boviengkham Vongdara in […]
Read MoreThai tourism remains on course to reach 20 million arrivals next year as the prime minister predicted, following the easing of travel rules on May 1, according to the Tourism Authority of Thailand (TAT). “The industry next year is poised to strengthen from this year, making the goal of attracting 20 million tourists, half the […]
Read MoreBORDERS are reopening and businesses are getting back into the swing of things, but a talent crunch that emerged at the height of the Covid-19 pandemic is showing no signs of abating. Job vacancies are at a record high and there are more openings than unemployed persons in the country. Companies are therefore having to […]
Read MoreCONSUMER prices picked up at the fastest pace in 3 years in the Philippines and moderated only slightly in Thailand in April, complicating central bankers’ efforts to keep post-Covid recoveries on track. The Philippines CPI reading released Thursday (May 5) – a 4.9 per cent year-on-year climb – was the hottest inflation since December 2018, […]
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