Dr Vilem Semerak, researcher and lecturer at the Institute of Economic Studies of Charles University in the Czech Republic, reckons Myanmar should abandon its import substitution policies and start thinking ahead. Import substitution advocates replacing foreign imports with domestic production. During his presentation on trade, industrialisation and growth in Myanmar for 2018 at the Mandalay […]
Read MoreThe Indonesian Chamber of Commerce and Industry (Kadin) has expressed its support for Coordinating Maritime Affairs Minister Luhut Pandjaitan and Vice President Jusuf Kalla’s call to put an end to the illegal boat-sinking policy. “There’s should be a limit [for the boat-sinking policy]. Besides, it can contributes to sea pollution,” said Kadin deputy chairman of fisheries […]
Read MoreMANILA, Philippines — The World Bank (WB) has maintained its 6.7 percent growth forecast for the Philippines until 2019, still on the back of strong fundamentals and a monetary policy supportive of growth. In its January 2018 Global Economic Prospects report, the multilateral finance institution sees the domestic economy consistently growing by 6.7 percent from […]
Read MoreThe Hanoitimes – Experts said that it is time for Vietnam to adopt a completely new foreign direct investment (FDI) attraction strategy in accordance with the new situation in order to boost the effectiveness and spillover effect of FDI in the future. Despite the negative indications in the beginning of the year, including the unilateral withdrawal […]
Read MoreVientiane authorities have told the capital’s People’s Council they will pursue Gross Domestic Product (GDP) growth of more than 10 percent in 2018, a slight increase from the almost 10 percent recorded in 2017. Mayor of Vientiane Dr Sinlavong Khoutphaythoune told the council’s 4th ordinary session, which opened on Tuesday, that the capital would carry […]
Read MoreDespite the slowdown in economic growth, the growth rate for Myanmar is expected to reach 6.8 percent for the fiscal year 2017-18, U Htin Kyaw, the country’s president, said during the national planning commission’s meeting on Tuesday, according to the president’s office. This is because the weather in the time of harvest was favourable as […]
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Thailand
