MANILA, Philippines — The government incurred a fiscal deficit of P234.9 billion in the first 10 months, widening by nine percent from the P216 billion shortfall recorded in the same period last year amid the Duterte administration’s efforts to ramp up public spending, the Bureau of the Treasury reported yesterday. For October alone, the government’s […]
Read MoreSINGAPORE’S factory production delivered another impressive performance for the month of October, shrugging off a steep decline in biomedical output. The Economic Development Board on Friday reported that the overall manufacturing output grew 14.6 per cent in October, slightly missing economist estimates of 16 per cent. September’s industrial output was revised lower to 14.4 per […]
Read MoreTHE Asian Development Bank (ADB) is bullish on the prospects for Thailand and plans to upgrade its growth forecasts for the economy next month. The ADB also plans to provide loans worth US$1.59 billion (Bt52 billion) to support government infrastructure projects, mostly in the transport sector, between 2018 and 2020. “The Thai economy is likely […]
Read MoreCONSUMER Price Index (CPI) in October 2017 for Brunei Darussalam increased by 0.3 per cent year-on-year compared to October 2016. According to the Department of Economic Planning and Development (JPKE), both Food and Non-Alcoholic Beverages and Non-Food Index increased by 1.5 per cent and less than 0.05 per cent year-on-year, respectively. The CPI increase in October […]
Read MoreMANILA, Philippines — About 20 Philippine government agencies are expected to join by next year a regional online platform which seeks to facilitate trade among members of the Association of Southeast Asian Nations (ASEAN), the Department of Finance said yesterday. Finance Undersecretary Gil Beltran, head of the DOF anti-red tape team, said the 20 state […]
Read MoreNAY Pyi Taw has suffered from a tax loss of up to US$52 million due to illicit trade of beers in 2016, according to London-headquartered Euromonitor International research. Myanmar has an import ban of beer, but the market research firm said that up to 30 percent of all beer sold is illegal, a size of […]
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Thailand
