indo01
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Indonesia: Rice Prices Climb despite September 0.18% Deflation

TEMPO.CO, Jakarta – The Central Statistics Agency (BPS) noted there was a 0.18 percentdeflation in September 2018 compared to the previous month. Nevertheless, some commodity groups are still experiencing price hikes albeit with a thin margin. “Rice prices are up 0.9 percent. But because the increase is less than one percent, we don’t highlight it as it only has 0.01 percent impact on inflation,” […]

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vn03
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Private sector holds significance for Vietnam economy: Investment minister

The Hanoitimes – There should be appropriate incentives and conditions for Vietnamese enterprises to acquire foreign invested companies, enabling the former to obtain new technologies and move up in the global value chain, the Ministry of Planning and Investment (MPI) informed. The private sector holds significance for Vietnam’s economy, while the FDI sector only accounts for […]

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Philippines: IMF to gov’t: Check inflation, sustain economic reforms

MANILA, Philippines — The International Monetary Fund (IMF) is urging the Duterte administration to address rising inflation and sustain economic reforms, including ensuring financial stability and opening sectors to competition, to reduce poverty and inequality. In its country report released last Sept. 27, the IMF said the Philippine economy “continues to perform strongly” with a projected 6.5 percent growth this […]

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malay01
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Malaysia: Government’s hands tied on house prices

KUALA LUMPUR: The government’s hands are tied as far as house prices are concerned. Finance Minister Lim Guan Eng said the government can only help reduce the cost of developing houses through measures such as the exemption from the Sales and Service Tax (SST). However, the price of land, which is an integral component of developments, is out of […]

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