(Photo by Tim Mossholder)

Thailand’s economy staring at recession at year-end

The Thai economy rebounded in the second quarter, growing by 7.5 percent year on year, after a 12.1 percent contraction during April-June last year. The high economic growth in the second…

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New Zealand’s Prime Minister Jacinda Ardern speaks during a press conference about Covid-19 coronavirus restrictions, in Wellington on March 5, 2021. (Photo by Marty MELVILLE / AFP)

New Zealand economy back to pre-pandemic levels

New Zealand’s economy posted better-than-expected growth of 1.6 percent in the first quarter of 2021, official data showed Thursday, with analysts saying activity was back at pre-coronavirus levels. The expansion…

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ADB raises economic outlook for Thailand, cut forecast growth for Asean

The Asian Development Bank (ADB) has raised Thailand’s economic growth forecast this year by 0.5% from a previous forecast in April to 4.5%, while cutting Asean’s economic growth forecast to…

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