The Philippines promises strong growth overall with a GDP per capita that is expected to reach US$3754.00 by the end of 202420. And now it has become a member of the Regional Comprehensive Economic Partnership (RCEP), it should be more competitive as a manufacturing hub too. In 2023, th...
I have included these countries in my Southeast Asia totals, plus Indonesia, Malaysia, the Philippines, Singapore, and (to the extent I could find the data), amounts for a few other small countries included in the grouping used by the United Nations in its “Southeast Asia” grouping. While...
Fig. 1. Trade balance and output gap Note: TBY is the trade balance in % of GDP; YGAP is the output gap in %. Source: AMECO. Fig. 2 illustrates DE-ES differences with respect to the co-movement between TB and indicators of price competitiveness, namely the REERs based on the GDP ...
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According to a report by the World Bank collection of development indicators, the price level ratio of the conversion factor Great British Pound (GDP) to the market exchange rate in the Philippines was reported to be 0.3892 % in 2021.
Industrial production is unchanged from December 2022 with manufacturing resilient. America’s enormous appetite for imports have led to record deficits. In spite of recession worries, the economy is very much ALIVE and the continuing inflationary forces will ensure growth into 2024. Furthermore, a ...
Analyzing trends, preparing staff rotations, managing inventory budget—there’s a lot that goes into demand planning. Have someone, such as a demand planner, own the process. That way, there is a point person with the sole responsibility of estimating and preparing for fluctuations in customer ...
The Nigerian government is using tokenisation to transition high value stakes in mining assets into more fractionalized assets so a much larger group of people will be able to invest in them. Tokenisation is not a silver bullet for Africa, but it can help unlock the value of Afri...
Yes. Vietnam's GDP growth is expected to reach 5.8% in 2023, Only India and the Philippines, with growth rates of 5.9% and 6% respectively, are predicted to outpace Vietnam regarding economic growth.12 The Bottom Line VND is the abbreviation for the Vietnamese đồng, Vietnam's nati...
Other countries that have expanded rapidly include Indonesia,which is predicted to become the world’s sixth-largest economy in PPP terms by 2023, as well as Vietnam, the Philippines, and Bangladesh. Criticisms of the Asian Century Not everyone agrees that the 21st century should be described as...