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UN talks focus on ICTs as stimulus to economic growth in Asia-Pacific region

The United Nations is exploring how information and communication technologies (ICTs) can lead the way in Asia and the Pacific achieving greater economic growth, stronger development and help in combating climate change.

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The United Nations is exploring how information and communication technologies (ICTs) can lead the way in Asia and the Pacific achieving greater economic growth, stronger development and help in combating climate change.

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UN-led talks focus on ICTs as stimulus to economic growth in Asia-Pacific region

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Economics

Asia’s slow rate of vaccination is a thorn in the region’s economic recovery

Southeast Asia has been hit badly. Daily infections for Indonesia, Thailand, Vietnam are at their worst, on a seven-day moving average. The Philippines and Malaysia are not far off their daily infection peaks reached in the second quarter of 2021.

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Last week was tough for the Asia-Pacific region. Many countries responded to stubbornly elevated daily infections by extending or tightening social distancing measures.

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Economics

World Bank lowers Thai GDP growth outlook to 2.2%

In the Thailand Economic Monitor released today, the World Bank adjusted its outlook on Thailand’s economic growth this year to just 2.2% from its previous forecast of 3.4%.

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BANGKOK, July 15, 2021 – Thailand’s economy continues to take a heavy toll due to the COVID-19 pandemic and is projected to expand modestly at 2.2 percent in 2021, revised down from the 3.4 percent growth projected in March, according to the World Bank’s latest Thailand Economic Monitor “The Road to Recovery” published today.

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