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Thailand: February exports unimpeded by baht

Exports retained their growth momentum in February, up 10.3% year-on-year, on the heels of a 17.6% increase in January that was the highest in 62 months. The Commerce Ministry reported yesterday that the country’s customs-cleared exports grew for the 12th straight month in February, fetching Thailand US$20.4 billion (637 billion baht), driven largely by the economic […]

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Cambodians take to the skies, new Asia routes opening soon

Chinese passenger arrivals via the three international airports are the main trend providing steady growth, a senior officer at Cambodia Airports says, but Cambodians flying abroad are following the Chinese pattern. Eric Delobel, CEO of Cambodia Airports, said Cambodian passengers had become the main factor in the steady growth of the three airports. This has […]

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Indonesia – INDEF: State Debt Has Yet Driven Economic Growth

TEMPO.CO, Jakarta – Institute for Development of Economics and Finance (INDEF) stated the increase of state debt was not equal to the economic growth. Whereas, in the last three years, the fund was allocated to infrastructure development. “The debt is contradictory to our expectation; [we expected that] it can encourage national productivity and competitiveness as well as our independence. […]

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