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APEC: Creating new motivation for future development

The Hanoitimes – On November 10, 20 recommendations, including 4 priorities of the APEC Business Advisory Council (ABAC) will be submitted to APEC economic leaders at the discussion between APEC economic leaders and ABAC. The long awaited session of APEC economic leaders in the APEC economic leaders’ week will be convened on November 11. Issues put […]

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VP Kalla: Indonesia’s Islamic Economy behind Malaysia, England

TEMPO.CO, Surabaya – Vice President Jusuf Kalla said that the growth of Islamic economy in Indonesia is still several steps behind compared to Malaysia. “Malaysia’s Islamic economy has gone through a 22 percent growth, meanwhile, Indonesia’s is still at 5 percent,” said Jusuf Kalla during the 2017 Indonesia Sharia Economic Festival (ISEF) in Surabaya, on Thursday, November 9. The Vice President stated […]

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Myanmar: Higher fuel import taxes to be tabled

The Myanmar Fuel Oil Importers and Distributers Association will submit the parliamentary proposal urging the government to raise the Special Commodities Tax on fuel imports, U Win Myint, secretary of the association, told The Myanmar Times.  The move comes after a spike in local fuel consumption and imports.  For the first six months of the current fiscal […]

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Malaysia: Brace for interest rate hike

PETALING JAYA: Bank Negara gave its strongest signal yet that the benchmark overnight policy rate (OPR) may be raised following a meeting of policymakers yesterday. Although the OPR was maintained at 3%, the central bank said policymakers may consider reviewing the current degree of monetary accommodation, given the strength of the global and domestic macroeconomic […]

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Economic Diversification, Structural Reforms Needed For Achieving Inclusive Growth in Laos

The Lao PDR must look for new drivers of growth by diversifying exports, maintaining macroeconomic stability, and providing good nonagricultural jobs to achieve sustained and inclusive growth, suggests a new study by the Asian Development Bank (ADB). The study was released at the executive macroeconomic working group meeting between the government and development partners in […]

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