JAKARTA (Reuters) – Indonesia’s annual economic growth in the fourth quarter is seen around 5%, which will take last year’s growth to 4%, finance minister, Sri Mulyani Indrawati, told a parliamentary hearing on Wednesday. Sri Mulyani said economic indicators have improved in the October-December quarter, with domestic consumption and production back to pre-pandemic levels, even […]
Read MoreBUSINESS interruption, cyber incidents and the pandemic outbreak are top risks for Singapore businesses in 2022, according to the Allianz Risk Barometer released on Tuesday (Jan 18). The survey, which polled 2,650 people worldwide, found that 53 per cent saw business interruption as a risk in 2022, securing its position as top risk for the […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has extended relief measures for banks to help sustain credit growth, and at the same time provide continued access to financial services to vulnerable sectors of the economy amid the resurgence in COVID- infections due to the more contagious Omicron variant. BSP Deputy Governor Chuchi Fonacier […]
Read MoreThe HCM City Export Processing and Industrial Zones Authority said the city’s industrial parks and processing zones hope to attract investment worth US$500 million this year. They attracted $600.79 million last year, well above the target, including foreign investment of $220.26 million, it said. Speaking at a meeting held to finalise plans for 2022 last […]
Read MoreThe Commerce Ministry looks set to organise 152 export promotional activities and ramp up mini free trade agreements (mini-FTAs) with potential trading partners to stimulate export growth of 3-4% this year. Phusit Ratanakul Sereroengrit, director-general of the International Trade Promotion Department, said the ministry aims to drive export promotional activities both offline and online in […]
Read MoreWith the EU rolling back import tariffs on long grain white rice from Cambodia and Myanmar, market participants expect a rise in shipments from Cambodian exporters who were however still skeptical due to continued high freight rates. The EU accounted for about 60% of Cambodian milled rice exports as recently as 2016, but that amount […]
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Thailand
