Indonesia’s state budget deficit swelled in August on the back of falling state revenue collection and increased government spending aimed at stimulating an economy reeling from the coronavirus pandemic. The country’s fiscal deficit reached Rp 500.5 trillion (US$33.96 billion) as of August, or 3.05 percent of gross domestic product (GDP), driven by higher government and […]
Read MorePETALING JAYA: While the world grapples with Covid-19, market confidence in Malaysia remains strong, particularly from foreign investors, based on investments of RM23.1bil in the bond market up till August, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said the ringgit had also emerged as one of the strongest currencies in South-East Asia, […]
Read MoreMANILA, Philippines — The Philippines is expected to see a huge drop in local pork and chicken production this year as the African swine fever (ASF) remains a concern and demand is still weak. Based on the latest monthly report of the United States Department of Agriculture (USDA) Foreign Agricultural Service, domestic production is seen […]
Read MoreShipments of Vietnamese fishery products to the EU in August, the first month the EU-Vietnam Free Trade Agreement took effect, increased by around 10 percent over July, demonstrating the positive effect of the deal. The EU is the third largest market for Vietnam’s fishery products, after the US and Japan, with a market share of […]
Read MoreFinancial analysts predict that the Monetary Policy Committee (MPC) will maintain the policy rate at 0.50% at Wednesday’s meeting and discuss other tools for solving the business and household liquidity problem. Kasikorn Research Center (K-Research) said cutting the policy rate to near zero is unnecessary at the moment, as a lower interest rate may not […]
Read MoreA specialized messaging application, G-chat, for use by the government of Laos was officially launched in July and is now in use. The government messaging application, G-Chat, was developed by the Ministry of Post (MPT) and Telecommunications in cooperation with ALO Technology Laos and is now in use within the government sector. According to a report from the […]
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Thailand
