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IMF raises Philippines GDP forecast

MANILA, Philippines — The International Monetary Fund (IMF) has raised its 2021 economic growth forecast for the Philippines to 6.9 percent from the original target of 6.6 percent, the fastest among members of the Association of Southeast Asian Nations (ASEAN). Yongzheng Yang, resident representative to the Philippines of IMF, said the latest gross domestic product […]

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Invest Long-Term in Equities to Benefit From Indonesia’s Economic Boom: Sandiaga Uno

Jakarta. Today, the Indonesian young generation stands to benefit from its rapid growth and capital market development that present ample investment returns in the next few decades, Tourism and Creative Economic Minister Sandiaga Uno said on Wednesday.  Sandiaga, one of Indonesia’s richest people, urged the young people aspiring to become financially independent to become long-term investors in equities and focus their […]

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Singapore to pump extra S$68.5m into tourism fund to support sector: Chan Chun Sing

SINGAPORE will raise the pot for its Tourism Development Fund (TDF) to support the sector amid near-term headwinds. The latest S$68.5 million top-up comes on continued “targeted support” for “quality tourism enterprises”, Minister for Trade and Industry Chan Chun Sing told the Singapore Tourism Board’s (STB) Tourism Industry Conference on Wednesday. “In the near term, […]

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