Xinhua’s Global Economic News Summary at 09:30 GMT, Oct. 10
BANGKOK – Siam Commercial Bank (SCB), one of Thailand’s largest commercial banks, expects the country’s economy to return to 2019 growth levels in mid-2023 against a backdrop of improvement of national and international demand.
The damage caused by economic scars, including worsening business dynamics, increasingly fragile labor market conditions, and deteriorating balance sheets for households and small and medium-sized businesses, says a report. the overall recovery of Southeast Asia’s second-largest economy is said to be gradual, according to a report. published by the SCB Economic Intelligence Center. (Thailand-COVID-19-Economy)
NEW DELHI – Indian Chief Minister Arvind Kejriwal on Saturday said the nation’s capital could face an energy crisis.
Kejriwal said his government wrote to the country’s Prime Minister (PM) Narendra Modi, urging his intervention to make adequate coal and gas arrangements to power the power plants, to ensure the supply of electricity to the city. (India-Delhi-Power crisis)
GABORONE – Botswana is exploring meaningful ways to ensure that the tourism sector benefits everyone, especially women and young people, the southern African country’s tourism minister said on Saturday.
“Our plan for economic empowerment and emancipation is focused on youth, women, indigenous and minority groups,” said Philda Kereng, Minister of Environment, Natural Resource Conservation and Tourism, when She shared Botswana’s commitment to economic recovery and inclusive tourism growth in a speech to mark a belated World Tourism Day. (Botswana-Economy-Tourism)
TIRANA – Albanian Prime Minister Edi Rama on Saturday unveiled the government’s emergency plan to overcome the expected energy crisis, with the aim of protecting the most vulnerable Albanians, consumers and small businesses first.
In a press release on Saturday, Rama said the plan to overcome the energy crisis will be based on three main pillars, including ensuring constant energy power, protecting families and small businesses from rising prices and l ‘obtaining financial means to purchase energy. (Albania-PM-Energy)