While Cambodia’s real growth is projected to remain strong, expanding at 6.9 percent in 2017 and 2018, the World Bank warned in a report released yesterday that the risks to this outlook include the fallout from further rises in US interest rates, a slower-than expected economic recovery in Europe, and uncertainties over global trade. “US […]
Read MoreWork is gearing up for the planned building of a railway to connect Vientiane to the Vung Ang seaport in Vietnam after the two countries agreed to move forward with the project. The two governments last month signed a Memorandum of Understanding in Vientiane agreeing to work together towards realising the Vientiane-Thakhaek-Muya railway, linking the […]
Read MoreMANILA, Philippines (UPDATED 12:03 p.m.) — The Philippine economy posted a 6.4-percent growth in the first quarter of the year, the government announced Thursday. At a televised press conference, Economic Planning Secretary Ernesto Pernia said that the country remains one of the strongest performers among emerging economies in Asia. The Philippine overtook the 5.1-percent growth of […]
Read MoreKUALA LUMPUR: Malaysia is expected to report on Friday that its pace of economic growth picked up in the first quarter, thanks to surging exports and resilient domestic demand. A strengthening economy is pivotal for Prime Minister Datuk Seri Najib Razak, who is widely expected to call early polls this year amid concerns that rising […]
Read MoreVietnam’s government acknowledges the tremendous financial pressure building up on local and foreign businesses operating in the country, and is therefore committed to working to lift these burdens off the firms’ shoulders. Vietnam’s government acknowledges the tremendous financial pressure building up on local and foreign businesses operating in the country, and is therefore committed to […]
Read MoreTEMPO.CO, Jakarta – The decline in the logistic sector financing appears to have insignificant impacts on investments in infrastructure projects. Indonesian Forwarder and Logistics Association (ALFI) chairman Yukki Nugrahawan Hanafi said that there is actually an increase in the realization of infrastructure developments. “The optimization of and investment in the e-logistics sector are improving,” Yukki said as […]
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Thailand
