Public debt-to-GDP ratio fell by more than 1 percentage point in June due to a drop in borrowing, according to the Public Debt Management Office. Public debt dropped by 162 billion baht to 6.19 trillion, representing 41.5% at the end of June from 42.9% at the end of May, said Theeraj Athanavanich, a bond market […]
Read MoreThe government’s national policy on housing will take into account the country’s urbanisation and urban migration. Myanmar’s commercial capital will need 1.07 million housing units by 2040 and the entire country will require an additional 4.8 million units by then, according to an official from the Ministry of Construction. The whole country will need 4.8 […]
Read MoreForeign direct investments (FDI) in labour-intensive activities such as garment exports should be actively promoted from China and elsewhere in order to facilitate Myanmar’s economic transformation, according to the latest briefing paper published by a UK-based think tank. The study called for an expansion of training in the garments sector to tackle shortages of high-level […]
Read MoreThe consumer confidence index (CCI) fell for the third straight month to the lowest in seven months in July as recent flooding and persistent poor farm prices caused rising concerns over weak purchasing power and economic uncertainty. University of Thai Chamber of Commerce vice-president for research Thanavath Phonvichai said the July consumer confidence index declined to […]
Read MoreJAKARTA — Indonesian security companies have seen a surge in demand for guards to protect palm oil plantations from fruit thieves and land grabbers, amid a rebound in prices of the commodity used to churn out everything from cooking oil to soap. Palm prices have jumped over 15% in the last few months, boosting the […]
Read MoreTHE government expects Singapore’s economy to grow by around 2.5 per cent this year, which would be higher than last year’s growth of 2 per cent. Prime Minister Lee Hsien Loong announced this latest forecast of the country’s gross domestic product (GDP) in his annual National Day message on Tuesday evening. The 2.5 per cent projection is at […]
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Thailand
