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HONG KONG (AFP): Equity markets suffered another sell-off Friday on fears that an expected strong global economic recovery this year will fan inflation and force central banks to hike interest rates, despite reassurances that ultra-loose monetary policies will be kept in place for as long as needed.
Thailand’s economy continued to climb back from the pandemic blow in the final quarter of 2020, supported by government stimulus and local demand, though full-year performance was the worst since the Asian financial crisis more than two decades ago.
SINGAPORE: Equity investors expecting a big boost for Singapore’s benchmark index from its upcoming annual budget could be disappointed: heavyweight blue chips are unlikely to benefit from government largess.
HONG KONG (AFP): Equities pushed ever higher in Asian trade on Tuesday (Feb 9) following another record-breaking performance on Wall Street as vaccinations are rolled out, infections fall and investors bet Joe Biden will be able to push through his massive stimulus.
BANGKOK, Feb 6 (Bloomberg): Thailand’s government is ready to take more fiscal steps if economic growth falls below its base-case forecast, driven by the latest Covid-19 outbreak or delays in vaccinating the public, a senior Finance Ministry official said.
PETALING JAYA: The Asia-Pacific Economic Cooperation (Apec) is forecasting the region’s economy to expand 5.7% this year and 4.1% in 2022, but growth is expected to be uneven
AFTER the economic shock of last year threw many businesses off their feet, there has been a growing conversation around the need to build resilience in local SMEs to enable them to endure further and future disruptions.
BANGKOK (Bloomberg): Thailand's Covid-19 task force approved loosening restrictions across the country to allow businesses and schools to resume operations as the biggest coronavirus wave to hit the nation eased in most regions.