Myanmar has seen increased foreign and local investment in September 2020, according to investment data for August and September from Myanmar Investment Commission. In August, the commission approved $40.992 million foreign direct investments while the approved investment in September reached $507.159 million. Looking at the investment by sector, the industrial sector received eight foreign investments […]
Read MoreThe student-led protests against the government will not seriously affect the domestic economy as foreign investors view them as a short-term event, less frightening than the pandemic, says Industry Minister Suriya Jungrungreangkit. He said people in the business world understand the political dispute and expect the government to be able to cope with the situation. […]
Read MoreThe Hanoitimes – The economy is likely to stage a stronger recovery in Q4 this year, versus 2.6% y-o-y real GDP growth in Q3. Fitch Solutions, a subsidiary of Fitch Group, has revised down its forecast for Vietnam’s fiscal deficit in 2020 to 3.6% (excluding debt repayment) of GDP, from 6.4% previously, staying below the latest […]
Read MoreThe Cambodian government has revised its target for year-on-year fiscal revenue growth to 0.3 percent of gross domestic product (GDP), down from the planned 0.5 percent increases as outlined in the original Revenue Mobilisation Strategy 2019-2023. The revised figure means the government’s fiscal revenue target will be 18 percent of GDP for the 2021 tax […]
Read MoreSHARES Indonesia expects to sign the Regional Comprehensive Economic Partnership (RCEP) in mid-November as the countries concerned finish negotiating the trade issues. The government is looking to sign the deal on Nov. 14, said Netty Muharni, the deputy assistant for regional and subregional economic cooperation at the Office of the Coordinating Economic Affairs Minister. Indonesian […]
Read MorePETALING JAYA: The Malaysian Institute of Economic Research (MIER) has revised downwards its worst case scenario for the country’s gross domestic product (GDP) growth this year, to minus 5.5% in real terms relative to 2019. This is lower than the projected worst case scenario that was anticipated in April. Then, it forecast the GDP to […]
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Thailand
