economy

  • Business NewsFinance Minister foreshadows slowing economy in 2019

    Finance Minister foreshadows slowing economy in 2019

    “We expect the GDP growth for 2019 to be at least 4 per cent. However, the economic growth for 2019 is expected to be slower than 2018,” Finance Minister Apisak Tantivorawong predicts Thailand will encounter slower economic growth in 2019,. The Minister cites uncertainty from the trade war between China and the US, the upcoming Thai election and a slump…

  • World NewsBoracay closure dents Philippine’s economic numbers

    Boracay closure dents Philippine’s economic numbers

    PHOTO: Wikipedia The Philippine’s economy has slowed in Q2 2018, this year’s second quarter, and fell well short of predictions. Some are blaming policy decisions including the shutdown of tourist magnet Boracay Island. The quarter’s 6% expansion was the weakest in three years and ends a run of 10 consecutive quarters where growth was at least 6.5%. AFP reports that…