KUALA LUMPUR — Malaysia’s economy grew faster than economists forecast in the second quarter, fuelled by stronger consumer spending and a pick-up in manufacturing. Key Points Gross domestic product rose 5.8% from a year earlier, after climbing 5.6% in the first quarter, Bank Negara Malaysia said Friday The median estimate of 26 economists surveyed by […]
Read MoreTEMPO.CO, Jakarta – Coordinating Minister for Economic Affairs Darmin Nasution revealed that the foreign investments for the national development will increase in 2018. “[National development projects] will not only be funded by the State Budget, the role of the private sector will increase,” said Minister Darmin Nasution on Thursday, August 17. According to him, the government has prepared a number of […]
Read MoreThailand’s economic growth is expected to have cooled slightly in the second quarter, as public and private investment slowed, offsetting some of the boost from stronger exports and tourism. Growth in Southeast Asia’s second-largest economy has lagged its regional peers since the army seized power in 2014 to end months of political unrest. The junta […]
Read MoreCONSUMER confidence in Singapore has picked up in the first half of 2017, following a steady decline over the last two years. According to the Mastercard Index of Consumer Confidence H1 2017 released on Friday, Singapore saw the largest improvement in consumer confidence since six months ago – jumping 15.4 points to 45.4 points, from […]
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