The economy of Myanmar is set to continue gaining momentum in the near and medium term while the slow pace of economic reforms has led to a drop of investor confidence, according to the Oxford Business Group. This growth is anticipated to take place despite concerns over the slow pace of economic reforms and the Rakhine […]
Read MorePETALING JAYA: Malaysia’s exports will continue to grow this year, although at a slower pace following blistering performance in 2017. Socio-Economic Research Centre (SERC) executive director Lee Heng Guie expects the country’s total exports to grow by 7.5% this year, as compared to the forecast 19.8% expansion last year. Despite the projected slower pace of […]
Read MoreMANILA, Philippines — The share of the national government’s budget deficit to the country’s gross domestic product (GDP) may have reached 2.6 percent to 2.8 percent in 2017, according to the Department of Finance (DOF). In an interview, Finance Undersecretary and chief economist Gil Beltran said the government’s deficit-to-GDP ratio was estimated to have settled […]
Read MoreAT FIRST glance, Singapore’s December export data seems to show that the trade-driven lift fuelling the economy over the past year has started to fizzle out. But dig deeper and a more optimistic picture emerges. While last month’s performance was weaker than expected, it capped a stellar year, with export growth hitting a seven-year high […]
Read MoreThe Hanoitimes – The soar in manufacturing and processing has been considered a key driver to boost the growth of the entire industrial sector last year, said Minister of Industry and Trade Tran Tuan Anh. According to Anh, the nation’s index of industrial production (IIP) last year experienced a significant year-on-year increase of 9.4 per cent, […]
Read MoreThe Myanmar kyat appreciated to its strongest level against the US dollar in a year after the Central Bank of Myanmar (CBM) set its daily reference rate at K1,345 per dollar on Tuesday. The kyat had weakened to K1,360 against the dollar last year. It opened this year at K1,361. The kyat hit a record […]
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Thailand
