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(Reuters) -Canada's Rogers Communications Inc on Wednesday reported second-quarter revenue that beat analysts' estimates, helped by a pick up in advertisement sales and as its cable business benefited from a pandemic-driven shift to remote work and entertainment.
The Thai baht was headed towards its fourth weekly loss on Friday as confidence in the country's tourism-reliant economy waned amid a rapidly spreading Delta variant of coronavirus in Asia and abroad that has clouded global growth outlook.
Vietnam suffer plunge in factory activity on renewed Covid-19 curbs; Asia factories see momentum weaken on rising costs
Asia's factory activity saw momentum weaken in June as some countries struggled with rising input costs and the reintroduction of curbs to combat a new wave of coronavirus infections, official surveys has showed.
Thailand's economy is expected to return to pre-pandemic levels in the first quarter of 2023, the central bank said on Monday, amid a slow recovery in tourism due to a surge in coronavirus infections.
Cambodia's economy is projected to grow 4 per cent in 2021 after contracting 3.1 percent in 2020, said the World Bank's latest report released on Friday.
SYDNEY and KUALA LUMPUR (IPS): Failure to sufficiently accelerate comprehensive efforts to contain the Covid-19 contagion has greatly worsened the catastrophe in developing countries.
PETALING JAYA: Profits that disappointed investors third time in a row reiterates expectations that recovery will be slow for integrated technical services provider Dialog Group Bhd.
TOKYO: Japan’s economy likely shrank in the first quarter as the hit to consumption from coronavirus curbs offset the boost from robust global demand, a Reuters poll showed, highlighting the country’s slow recovery from a pandemic-induced slump.
VIENTIANE (Vientiane Times/ANN): The Asian Development Bank (ADB) is optimistic about the growth of the Lao economy amid the Covid-19 crisis and lockdown measures imposed to contain the spread of the Coronavirus.
London tourism braces for a slow recovery as the city plans to reopen for visitors.