October 2017 – Page 58 – ASEAN Economic Community Strategy Center

October 5, 2017

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Cambodia: Economy still on track: World Bank

Despite better than predicted overall growth for global economies, the World Bank has slightly downgraded its 2017 forecast for Cambodia due to wage and price concerns in the Kingdom’s the garment industry as well as uncertainty surrounding next year’s national election. In its East Asia and Pacific Economic Update released yesterday, the World Bank predicts the Cambodian economy will grow by […]

October 5, 2017

Philippines: DOF: Inflation picks up to 3.4% in September

MANILA, Philippines — Inflation likely picked up pace in September due to higher food, fuel and electricity prices, according to the Department of Finance (DOF). Finance Undersecretary Gil Beltran said prices of goods may have risen 3.4 percent in September, up from 2.3 percent the same month last year and 3.1 percent in August 2017. […]

October 5, 2017

World Bank cuts growth forecasts for Myanmar amid slowing investments

The World Bank has cut its growth forecasts for Myanmar, citing that investment demand slowed down as businesses wait for greater clarity of Nay Pyi Taw’s economic agenda. In its latest report released October 4, it cut Myanmar’s growth forecasts by 0.6 percentage points for 2017-18 to 6.4 percent. Growth over the medium-term is also […]

October 5, 2017

Laos’ Growth Projected to Moderate to 6.7 %, Says World Bank

(KPL) Laos’ economic growth is projected to further moderate to 6.7 percent in 2017 as strong exports are weighed down by slowdown in investment, weaker tourism and stronger controls over government spending, World Bank said in its October 2017 edition of the “East Asia and Pacific Economic Update”. An additional 250 mw of power generation […]

October 5, 2017

Singapore: Pimco sees chance that MAS surprises by tightening

[SINGAPORE] There’s a chance the Monetary Authority of Singapore may surprise financial markets by tightening its policy stance this month, according to Pacific Investment Management, a move that could make it among the first central banks in Asia to do so. Economic indicators are pointing to an improved growth outlook in the city state, while […]

October 5, 2017

Vietnam: 40 foreign investors join race for IDICO shares

HCM CITY — Forty foreign institutional investors have joined the race for shares of the Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO) at the firm’s initial public offering (IPO). IDICO will auction more than 55.3 million shares or 18.44 per cent of the firm’s charter capital at the IPO for the starting price of […]

Asean News

Malaysia’s construction sector expands 8.1% in 2Q 2023 – DoSM

Philippines: Government hikes budget for debt payment

Thailand: Behind the power tariff decision

Cambodia’s agricultural product exports at $2.6 billion

More Filipinos went jobless, sought more working hours in June

Cambodia, Laos & Myanmar – 2016 Foreign Investment Outlook

Vietnam: Elusive trade target with Vietnam renewed

Central Group wins bid for Big C Vietnam

Economy Retailers must find competitive edge: experts

Up to 72 percent of enterprises support TPP

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Monthly Archives: October 2017