KUALA LUMPUR: The Finance Ministry is confident the jump in Malaysia’s Manufacturing Purchasing Managers’ Index (PMI) in October to the highest pace in six months, will help the country achieve the 4.7 per cent Gross Domestic Product (GDP) growth target for this year. Its Minister, Lim Guan Eng said the sudden jump in PMI from […]
Read More[JAKARTA] Indonesia’s Finance Minister Sri Mulyani Indrawati defended the nation’s statistics, saying there was no manipulation of the economic growth figures after some analysts questioned the unusual stability of the data. “The government never intervenes in the statistics,” Indrawati said in a phone interview from Dubai on Wednesday. Statistics Indonesia, known as BPS, is independent […]
Read MoreMANILA, Philippines (11:40 a.m.) — The Philippine economy recorded a 6.2% growth in the third quarter of 2019, the government announced Thursday. The country’s gross domestic product is higher than the 5.5% growth in the second quarter this year, the Philippine Statistics Authority said. According to the PSA, net primary income from the rest of the world grew by […]
Read MoreThe Hanoitimes – Though the current legal regulations allow foreign investors to fully own a local firm, the investors still face hindrances to pour funds into some conditional business lines. The State Securities Commission (SSC), the country’s stock market watchdog, will study and submit to the Ministry of Finance more open policies for foreign investors with […]
Read MoreDomestic property firms are preparing to launch a joint promotional campaign with the Finance Ministry to stimulate the property market before the year-end. Charnkitt Dejvitak, the vice-minister attached to the prime minister, said properties priced at no more than 3 million baht and bought directly from real estate firms will have the transfer fee and […]
Read MoreCambodia is one of four Asean nations where the influx of foreign direct investment reached record levels last year, according to a study by the Asean Secretariat and the United Nations Conference on Trade and Development (Unctad). The Asean Investment Report 2019, released last week, finds that FDI to Asean rose by 5 percent to […]
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Thailand
