PETALING JAYA: Malaysia’s exports rose 10.7% to RM75.6bil in December 2016 from a year ago, exceeding economists’ expectations of 9.6% growth, underpinned by higher exports of electrical and electronic (E&E) products, palm oil and palm-based products. The Statistics Department said on a month-on-month (m-o-m) basis, exports increased RM2.7bil, or 3.7% from RM72.8bil. In seasonally adjusted […]
Read More[JAKARTA] Moody’s Investors Service upgraded its credit outlook on Indonesia to “positive” from “stable”, praising its progress on reforms and its efforts to keep finances under control despite falling prices for its main commodity exports. Moody’s upgrade late on Wednesday follows a similar move by Fitch in December, and comes at a welcome time for […]
Read MoreBANGKOK: Thailand’s central bank will likely leave its policy rate unchanged near record lows this week, as policymakers turn their focus to fiscal spending to support weak economic growth. Bank of Thailand governor Veerathai Santiprabhob told Reuters last month that monetary policy would remain “accommodative” as the economic recovery was fragile and inflation was not […]
Read MoreThe 27th Vietnam Expo will be held on April 19 at the Hanoi International Exhibition Centre. The 27th annual expo–themed “Enhancing Regional and Global Economic Links”–will be one of important trade promotion events to welcome APEC 2017 in Vietnam and connect Vietnam with regional and global countries and territories. At least 500 businesses from 23 […]
Read MoreDespite Laos officially performing well overall economically in 2016, some large firms still face major hurdles in doing business, according to a leading corporate executive. General Manager External Affairs, PanAust Ltd./Managing Director PBM Ltd., Mr Richard Taylor, made the comment recently in an article posted on the professional social media site LinkedIn. His article detailed […]
Read MoreCambodia’s insurance industry saw impressive growth last year as general insurance continued to make positive strides, while life insurance accounted for the largest upswing by percentage, according to an annual report by the Insurance Association of Cambodia (IAC). Overall gross premiums grew by 35.6 percent last year, swelling from $83.7 million to $113.6 million, according […]
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