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Thai export forecast given upgrade

The business sector has revised up the growth outlook for Thai exports this year to 2-3.5% amid the global economic recovery that has helped boost demand, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB). The revision, up from an earlier forecast of 1-3%, is based on expected GDP growth of 3.5-4%, said […]

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Singapore: GDP growth in 2017 may exceed 2%: PM Lee

SINGAPORE’S economy expanded by a better-than-expected 2 per cent in 2016, and Prime Minister Lee Hsien Loong thinks there’s a “good chance” that growth this year can exceed that figure. If realised, this would put the 2017 GDP figure at the higher end of the government’s official forecast of between one and 3 per cent. […]

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Myanmar: World Bank US$200m loan to develop macroeconomic stability and fiscal resilience

The World Bank said that at the end of May, Myanmar reforms and the country’s poverty reduction efforts and efforts to maintain macroeconomic stability will be given financial assistance. On April 27, the financial institution approved a US$200 million loan to the Myanmar government to support the Myanmar government’s effort to achieve sustained macroeconomic stability […]

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Indonesia: Foreign Tourist Visits Up 6.68% in March

TEMPO.CO, Tangerang – The Central Statistics Agency (BPS) announced that the number of foreign tourist arrivals to Indonesia reached 1.02 million visits in March. The figure represents a 6.68 percent increase from February’s 957,600 visits. BPS chief Suhariyanto said in a press conference Tuesday that from January to March, there were 3.01 million foreign tourist arrivals […]

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