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Singapore's economy still on track for recovery despite 'stumble' in Q2 quarterly GDP: Experts channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.
endIndex: Metro Manila (CNN Philippines, May 11) The Philippine economy declined anew in the first quarter of 2021 as quarantine restrictions and the lingering COVID-19 pandemic continue to hamper business and consumer activity. National Statistician Dennis Mapa reported Tuesday an economic contraction of 4.2% for the period, milder than the 8.3% plunge recorded in the last three months of 2020 and steeper than the 0.7% drop from January to March last year. The country’s recent economic performance is worse than the average -2.82% growth forecast resulting from a CNN Philippines poll among analysts, in line with expectations the economy will remain in recession albeit with a softer drop. ....
Thailand banned the sale of alcoholic beverages in restaurants and closed schools for two weeks to stem the nation s biggest outbreak of coronavirus, likely delaying plans to further reopen borders to foreign tourists. The closure of bars, pubs, karaoke and massage parlours in areas including Bangkok, the epicentre of the latest outbreak, will be extended nationwide until the end of April. A Covid-19 task force headed by Prime Minister Prayuth Chan-Ocha on Friday also designated Bangkok and 17 other provinces as areas under maximum control because of the severity of the outbreak. Prayuth ruled out harsher measures such as a nationwide lockdown and night curfews, citing the economic hit of such steps on low-income groups. The Southeast Asian nation had last week closed entertainment venues in Bangkok and 40 other provinces for at least two weeks to contain the nation s third wave of infections that emerged from bars in the capital city. ....
Thailand to Tighten Curbs as Virus Wave Risks Tourism Plans Bloomberg 21 mins ago Anuchit Nguyen and Suttinee Yuvejwattana (Bloomberg) Thailand is set to ban sale of alcoholic beverages in restaurants, close schools and amusement parks for two weeks to stem a fresh outbreak of coronavirus, potentially jeopardizing its plans to reopen borders to foreign tourists. Popular Searches The closure of bars, pubs, karaoke and massage parlors in areas including Bangkok, the epicenter of the latest outbreak, may be extended nationwide until the end of April, the National Committee on Communicable Diseases decided on Thursday. While Bangkok and 17 other provinces will be designated as maximum controlled areas because of the severity of the outbreak, 59 others will be designated as controlled areas, the panel said. ....
Thailand Adds Curbs as New Wave Threatens Economy, Tourism Bloomberg 2 hrs ago Anuchit Nguyen and Suttinee Yuvejwattana (Bloomberg) Thailand banned the sale of alcoholic beverages in restaurants and closed schools for two weeks to stem the nation’s biggest outbreak of coronavirus, likely delaying plans to further reopen borders to foreign tourists. Popular Searches The closure of bars, pubs, karaoke and massage parlors in areas including Bangkok, the epicenter of the latest outbreak, will be extended nationwide until the end of April. A Covid-19 task force headed by Prime Minister Prayuth Chan-Ocha on Friday also designated Bangkok and 17 other provinces as areas under maximum control because of the severity of the outbreak. ....