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Malaysia April factory output up 4.2% YoY

KUALA LUMPUR — Malaysia’s industrial production in April rose 4.2% from a year earlier, government data showed on Friday, supported by strong growth in the manufacturing and food and beverage sectors. However, output growth for April was below a 4.8% annual rise forecast by a Reuters poll and slower than the 4.6% increase in March. […]

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Philippines: Tax reform to improve Phl fiscal stability — Fitch

MANILA, Philippines –  International credit rating agency Fitch Ratings said the passage of the first package of the tax reform program shows the commitment of the Duterte administration to improve the country’s fiscal stability and support its ambitious public investment program. In a report titled “Philippine tax bill supports long-term fiscal priorities,” Fitch said the […]

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Bilateral Lao-Thai Trade Set to Double

(KPL) Laos and Thailand have agreed to double bilateral trade and investment over the next five years from 2017-2021. The agreement was made at a bilateral meeting of the two governments between Deputy Prime Minister and Minister of Finance of Laos Somdy Douangdy and Thai Deputy Prime Minister Somkid Jatusripitak held in Vientiane Capital last […]

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Myanmar: Decentralise and let regions and private sector develop infrastructure: WEF takeaways

World Economic Forum on ASEAN 2017 Key lessons from the World Economic Forum on ASEAN include tapping in the private sector when making infrastructure policies and decentralisation. The regional governments and private sector should be able to carry out small-scale infrastructure projects related to regional trade. The Myanmar Times asked Khin Maung Win about the […]

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Thailand: Economy expected to drive car sales this year

Thailand’s domestic car sales are expected to grow at a healthy rate of 10% this year to 845,000 units, driven by improving sentiment for consumption and a growing economy, says Inter-Media Consultant Co, the organiser of Thailand International Motor Expo. President Kwanchai Paphatphong said the local car market showed significant growth in the first four […]

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