Citi forecasts the Thai economy will expand by 3.4% this year and accelerate to 3.6% growth in 2018, underscoring Asia as the most attractive destination for portfolio investment, followed by the European market. The US bank’s projections are along the same lines as the Bank of Thailand’s 3.4% in 2017 and 3.6% in 2018. The […]
Read MoreCHINA’S One Belt, One Road (OBOR) Initiative will help the Philippines to be more competitive in global trade, the Department of Finance (DoF) said. With airports and seaports as part of the Duterte presidency’s envisioned “Golden Age of Infrastructure,” the maritime Silk Road component of OBOR will open new markets for Philippine products in Beijing’s […]
Read MoreING Bank on Tuesday said the business process outsourcing (BPO) industry will hit revenue of $26 billion this year. “The BPO industry this year may hit $26 billion, the 2017 target is part of the whole BPO industry projection for 2020 of about $40 billion and to generate two million jobs,” Consuelo Garcia, managing director […]
Read MoreMore than 100 accounts of Myanmar citizens frozen by the Agricultural Bank of China in Yunnan province last week will be reopened if they are not connected to online gambling, Yunnan’s vice governor said at a meeting Sunday with Myanmar Ministry of Commerce officials. The meeting was held at Ruili, China, according to U Yan […]
Read MoreA commuter rail service that runs from Phnom Penh’s central district to beyond its airport has slowly gained traction since it launched three months ago, raising the possibility that it could be expanded to connect the capital’s biggest industrial park. The service, which runs three times per day, is typically used by villagers who live […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati said that tax revenue target this year will not be achieved. She predicts a tax revenue shortfall of Rp59.1 trillion. This year’s tax revenue is expected at Rp1,248.5 trillion, whereas the target was set at Rp1,307.6 trillion. To make up the shortfall, Sri said that the government will […]
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Thailand
