Thai exports under RCEP jump by over 200% in second month
The biggest value of Thai exports for which the certificate was sought under RCEP was to Japan, totalling Bt540.36 million.
ECONOMIC AFFAIRS
Philippines drivers fret over shrinking income
Analysts said oil prices might hit $200 a barrel before March ends, which could translate to local pump prices of up to P100 a liter.
IMF recognizes Hong Kong’s strong economic recovery
The IMF noted that a large fiscal stimulus has helped mitigate the impact of economic shocks and speed up economic recovery.
Philippines trade department backs stockpiling goods amid Russia-Ukraine war
The department encouraged the stockpiling of agricultural products but said the country had sufficient inventory of manufactured items.
Philippines can face economic fallout from Russia-Ukraine war: Finance secretary
He pointed out that the Philippines had weathered “very well” other previous conflicts such as the first Russia-Ukraine conflict in 2014.
No oil supply problem in Philippines, but rising prices prompt call for review
The Department of Energy undersecretary asked for a review to better allow the government to intervene when prices spike.
Over 6 million HK residents to get HK$5,000 e-voucher next month
Financial Secretary Paul Chan Mo-po said the voucher program is expected to boost the city’s economy by about 1.7 percent.
Food security, protecting farmland focus of government: Report
China will also consolidate its achievements in poverty alleviation and implement better systems.
11 million new jobs, improvements for flexibly employed unveiled in report
The Chinese central government will continue to implement its employment-first policy to stabilize the job market in 2022.
Tensions won’t rattle China’s macroeconomic scene: Experts
Geopolitical tensions sparked concerns that tighter oil and food supply could further inflame already elevated global inflation.