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Thai exports on track

BANGKOK (Bangkok Post) – The prospect of Thailand’s exports growing by five percent this year looks good after outbound shipments for March fared better than expected, jumping 9.2 percent year-on-year. Nopporn Thepsithar, acting president of the Thai National Shippers’ Council, said yesterday for the first time that Thai exports have a chance to grow by […]

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Philippines: BOI investments up 31% in Jan-April

MANILA, Philippines –  Investment pledges approved by the Board of Investments (BOI) jumped by nearly a third in the first four months of the year. BOI managing head Ceferino Rodolfo reported yesterday that the BOI had approved P154 billion worth of projects from January to April, up 31 percent year on year. “This is equivalent […]

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Indonesia’s revenue on track

WASHINGTON: Indonesia will not need to repeat last year’s major spending cut as the government’s revenue projections look “on track” amid strengthening growth, Finance Minister Sri Mulyani Indrawati said. Sri Mulyani said in an interview yesterday that the government would reallocate some spending within the budget to more “productive” areas that can support growth, such […]

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