ECONOMISTS appear mixed on Indonesia’s economic outlook following the release of its second-quarter gross domestic product (GDP) on Wednesday. Indonesia’s Q2 GDP shrank by a 5.3 per cent year on year, which was sharper than the 4.7 per cent predicted by private-sector economists, according to a Bloomberg poll. This is Indonesia’s weakest showing since the […]
Read MoreCASHBACK startup ShopBack will officially launch its website and mobile app in Vietnam on Aug 8, after going through a beta phase that began last year. According to the company, online shoppers in Vietnam can now earn up to 25 per cent cashback from ShopBack Vietnam’s merchants. These include regional brands such as Lazada and […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has revised the inflation assumption for this year amid the uptick in July and rising global oil prices. In a virtual press briefing, BSP Deputy Governor Francisco Dakila Jr. said the Cabinet-level Development Budget Coordination Committee (DBCC) has revised the inflation target to a range of […]
Read MoreThe government is planning to expand its social aid program and incentives for micro, small and medium enterprises (MSMEs) in an effort to boost consumer spending and revive the sluggish economy in the second half of this year, as fears of a recession loom. Finance Minister Sri Mulyani Indrawati said on Wednesday the government would […]
Read MorePhD Doctor Le Quoc Phuong, former deputy director for the Information Centre for Industry and Trade, under the Ministry of Trade, talks on key requirements in trade development in mountainous areas and islands. What are the achievements of the Government’s programme on trade development in mountainous and islands from 2015-2020 in accordance with the Prime […]
Read MoreThe Office of Small and Medium Enterprises Promotion (Osmep) is looking for new financing sources for firms after a plan to set up a novel fund to help SMEs survive the pandemic is likely to miss out on funding from the state’s 400-billion-baht economic and social rehabilitation scheme. On Aug 19, Osmep officials will discuss […]
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Thailand
