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Report: Thailand most unequal country in 2018

Thailand has overtaken Russia and India as the most unequal country in the latest survey by a Swiss bank.  Banyong Pongpanich, chairman of Phatra Securities, posted on Facebook on Wednesday the findings of the Credit Suisse Global Wealth Databook 2018 conducted on 40 countries.  He expressed concern about the trend. Two years ago, Thailand ranked […]

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Cambodia: Philippine goods set for Kingdom

Philippine-made consumer goods are expected to increasingly flow into the Kingdom as a result of rising Cambodian purchasing power, an announcement from the Philippine Department of Foreign Affairs on Tuesday said. “With a young and dynamic population and increasing purchasing power, the Cambodian market presents great opportunities for Philippine companies seeking to grow their business […]

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Indonesia: Sri Mulyani Predicts 2018 State Budget Deficit at 1.87 Percent

TEMPO.CO, Nusa Dua – Finance Minister Sri Mulyani Indrawati ensures the state budget deficit at the end of 2018 will be around 1.86-1.87 percent of the gross domestic product (GDP). The prediction is lower than the target set in the 2018 State Budget (APBN) which was 2.19 percent. “Now the deficit is still at 1.95 percent. Until year’s end, it is estimated to be 1.86-1.87 percent,” said Sri on Thursday, December 6, during a media meeting in […]

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