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Benjamin E Diokno: Philippines economic outlook - toward a solid recovery - Vimarsana News

Benjamin E Diokno: Philippines economic outlook - toward a solid recovery

Mr. Robert Joseph, Jr., president of the Rotary Club of Manila (RCM); Mr. Herminio Esguerra, chairman of the program committee; the board of directors; officers, members and guests; ladies and gentlemen, good afternoon. I have been invited today to talk about financial forecasts for 2021 amid the pandemic. But before I present the economic prospects over the near term, let us briefly step back and take a look at the past year. First, I will go through recent economic developments and trends. Second, I will share some views on the likely path of the economy, keeping in mind the highly uncertai...

Source: bis.org
Thailand open to more stimulus If GDP growth misses target - Vimarsana News

Thailand open to more stimulus If GDP growth misses target

Thailand’s government is ready to take more fiscal steps if economic growth falls below its base-case forecast, driven by the latest Covid-19 outbreak or delays in vaccinating the public, a senior Finance Ministry official said.

Indians aren't spending—'Marriage can wait. I'm saving for covid emergencies' - Vimarsana News

Indians aren't spending—'Marriage can wait. I'm saving for covid emergencies'

Indians aren’t spending—‘Marriage can wait. I’m saving for covid emergencies’ People with shopping bags inside a mall 4 min read Eric Bellman , The Wall Street Journal Consumers helped make the economy the world’s fastest growing, but their willingness to spend will set the course of the recovery Share Via Read Full Story Most Covid-19 restrictions have been lifted as cases have plunged, but Indians are still stashing away their rupees and building bank balances. New Delhi maid Sarita Ekka has the beginnings of an impressive trousseau stacked in a corner of her humble home: a new...

Here are some ways that COVID is transforming cities everywhere - Vimarsana News

Here are some ways that COVID is transforming cities everywhere

The coronavirus has upended many aspects of life in cities worldwide, particularly as large numbers of white-collar workers choose to work from home and shun public transport – shifts that are likely to last, according to urban experts. This will have an enormous effect on city centres and central business districts (CBD) that have typically been the economic hubs and main generators of income for cities. What is the future of city centres and CBDs and how will cities adapt? Here are some views. Mono to mixed-use The South Korean government has said it will buy empty hotels and offices and ...

HUL's Shikhar app booming during Covid; manages to get around 3 lakh outlets onboard - Vimarsana News

HUL's Shikhar app booming during Covid; manages to get around 3 lakh outlets onboard

To ensure that the app can communicate back fulfilment. HUL updating its app with the changing consumer needs The online grocery market has booming since the pandemic hit the country and not being an HUL's Shikhar app now gets at least three times the orders compared to a year ago. Hindustan Unilever’s use of technology to drive sales increased since the Covid-19 lockdown to about 3 lakh Kirana stores. As on December 8th, the company had 2.7 lakh outlets (Kirana) onboard on the Shikhar B2B app. The FMCG major is mapping its sales initiatives to MGNREGA and PM Kisan Yojana to understand wh...