Thailand’s fiscal status is improving thanks to a gradual economic recovery following the pandemic, which may prompt the government to lower the ceiling of the public debt-to-GDP ratio from the current 70%, according to the Public Debt Management Office (PDMO). Speaking on Monday after a meeting of the State Monetary and Fiscal Policy Committee chaired by the […]
Read MoreBENGALURU (Reuters) – Cooling inflation and a more resilient rupiah currrency is expected to give Bank Indonesia enough comfort to opt for a more modest quarter-point interest rate hike on Thursday, a Reuters poll found. Last week, major global central banks including the U.S. Federal Reserve slowed the pace of interest rate hikes as inflation […]
Read MoreThe Vientiane Logistics Park (VLP) and its associated Thanaleng Dry Port (TDP), Laos’ first ever integrated logistics hub, is offering lucrative opportunities for businesses, the project developer has told leading forwarder operators from the Association of Southeast Asian Nations (Asean). Delegates from the Asean Federation of Forwarders Association (AFFA) toured the landmark project last week […]
Read MorePETALING JAYA: Analysts said the vote of confidence for Prime Minister Datuk Seri Anwar Ibrahim in Parliament helps to put in place a stable administration to address domestic issues such as the fiscal position of the government and meet the challenge of a weaker global economic outlook moving into 2023. Manulife Investment Management said one […]
Read MoreThe International Monetary Fund (IMF) said on Monday that the Regional Comprehensive Economic Partnership (RCEP) trade pact and the Cambodia-China Free Trade Agreement (CCFTA) will support Cambodia’s economic growth over the medium term. The Cambodian economy is projected to grow at 5 percent in 2022 and nearly 5.5 percent in 2023, reflecting external pressures and […]
Read MoreMANILA, Philippines — The country’s economic growth may exceed the target set by the government for this year, given its latest performance and expectations of strong growth in the last quarter of the year, the National Economic and Development Authority (NEDA) said. In a briefing yesterday, NEDA Secretary Arsenio Balisacan said the country’s average gross […]
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