TEMPO.CO, Jakarta – The Coordinating Ministry for Economic Affairs said that the government will launch several economic policy packages after the Eid. This is to address social gap amid efforts to achieve the economic growth target. “Within several months after the Eid al-Fitr holiday, we will launch several policies related to realizing economic equality, such […]
Read MoreA top official from the Ministry of Commerce told an audience of foreign investors and businesses that foreign investments should be able to support SMEs, manufacture products in Myanmar and operate in underdeveloped areas. Those are the criteria upon which the government will approve or reject foreign investment proposals. The government will scrutinise every foreign […]
Read MoreRetail sales here rose in April for a second straight month, buoyed by double-digit gains in sales at petrol service stations, and of watches and other jewellery. Only weak car sales stood in the way of a stellar month. But even then, total retail sales rose 2.6 per cent in April from a year earlier […]
Read MoreMANILA, Philippines – Barcelona-based think tank FocusEconomics said the country’s manufacturing sector would continue to expand close to six percent over the next two years. Massimo Bassetti, economist at FocusEconomics, said manufacturing is seen rising 5.9 percent in 2017 and 2018. “The Philippines’ manufacturing industry gained momentum in May,” he said. He cited the reports […]
Read MoreMANILA, Philippines – Government borrowings surged more than seven-fold in April from a year ago after the issuance of retail Treasury bonds (RTBs) during the month, data from the Bureau of the Treasury (BTr) showed. According to Treasury data, government debt jumped by more than 630 percent to P206.47 billion from the P28.04 billion in […]
Read MoreMANILA, Philippines – The economy likely grew close to seven percent in the second quarter due to the improving performance of the farm and exports sector, Socioeconomic Planning Secretary Ernesto Pernia said. “I think (gross domestic product growth) will be better (than the first quarter)…I think it will approach seven percent,” Pernia told reporters on […]
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Thailand
