Coastal central province attracts increased FDIs
The central province has granted new investment licences to 14 domestic projects worth 4.2 trillion dong (US$168mil) and seven foreign…
Category: Economy
S&P trims Philippine 2024 economic growth forecast to 5.8%
S&P Global Ratings trimmed its growth forecast for the Philippines this year and 2025.
Agricultural tariff rates subject to periodic review, Neda chief says
The Philippines’ National Economic and Development Authority (Neda) secretary Arsenio Balisacan says that lowered tariff rates may not materialise until…
China hits back at EV allegations
China’s Premier Li Qiang used his address at a World Economic Forum meeting in Dalian to hit back at accusations…
China: Decoupling will lead to ‘destructive spiral’
Chinese Premier Li Qiang warned of negative consequences for the world if nations parted ways economically, while hitting back at…
South Korea to delay start of stricter rules on household loans
The financial regulator says that the planned implementation of stricter rules on household loans will be postponed until the start…
Governor: BoC can beat inflation without unemployment spike
Bank of Canada (BoC) governor Tiff Macklem says the country’s economy is headed for a soft landing, suggesting the central…
Thai economy to grow at potential rate by early 2025, c.bank says
BANGKOK: Thailand's economy is expected to grow at its potential rate by late this year or early in 2025, while…
UK inflation returns to target for first time since 2021
LONDON: British inflation returned to its 2% target in May for the first time in nearly three years, official figures showed…