Myanmar has accumulated US$10.2 billion in debt owed to more than 20 countries and multilateral organisations, the Joint Public Accounts Committee of the Pyidaungsu Hluttaw noted in a report on the Union budget for the 2017-18 fiscal year. The committee said the Ministries of Home Affairs; Agriculture, Livestock and Irrigation; Transport and Communication; Electricity and […]
Read MoreThailand’s slow economic growth in the second quarter has prompted the state planning unit to lower its forecast for 2019 growth to 2.7-3.2% from 3.3%-3.8% made in May. It also sharply cut its estimate for this year’s exports to a contraction of 1.2% from 2.2% growth earlier. Thosaporn Sirisamphand, secretary-general of the National Economic and […]
Read MoreMANILA, Philippines — Treasury bills fetched lower rates across all tenors amid easing domestic inflation and expectations of further monetary policy easing in the country and abroad, the Bureau of the Treasury (BTr) said yesterday. During yesterday’s auction, rates for the bellwether 91-day securities averaged 3.254 percent, 14.4 basis points lower than 3.398 percent the […]
Read MoreSET-listed WHA Utilities and Power (WHAUP) is optimistic about its water business for industrial estates in Thailand and Vietnam thanks new expansion and investment flows in both countries. Wisate Chungwatana, chief executive of WHAUP, said water sales and services to industrial operators are expected to grow by 23% to 130 million cubic metres per year. […]
Read MoreKUALA LUMPUR: Fitch Ratings has revised its 2019 growth forecast for Malaysia to 4.6%, from 4.2%, after the country reported stronger-than-expected growth in the first half. Malaysia’s central bank reported second-quarter economic growth of 4.9% last Friday, making South-East Asia’s third-largest economy the only one in the region to show some acceleration from the first […]
Read MoreThe biggest event for the shipping industry in Southeast Asia is coming to Cambodia next month. For in depth analysis of Cambodian Business, visit Capital Cambodia The 17th Asean Ports & Shipping 2019 will be held at Phnom Penh’s NagaWorld Hotel on September 10-12. In an invitation letter to stakeholders, Lou Kim Chhun, CEO of Sihanoukville […]
Read More
Thailand
