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Malaysia: GDP in 2017 to be slightly higher than 4.2%

KUALA LUMPUR: Malaysia expects to record a slightly higher Gross Domestic Product (GDP) growth this year from 4.2% achieved last year, Prime Minister Datuk Seri Najib Tun Razak said today. “We expect a slightly higher figure this year, and for it (growth) to rise in 2018,” he said. The government had forecast that the economy […]

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Thailand: Exports take a drop in February

The value of Thai exports fell for the first time in four months in February to UScopy8.47 billion, down 2.8% year-on-year, on lack of gold and aircraft-related products, the Commerce Ministry said. The base export value in February last year was high because of shipments of gold and aircraft-related products. Neither were exported this February, […]

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Thailand vows to help narrow trade gap with Philippines

BANGKOK – Thailand has vowed to help the Philippines narrow the trade gap between the two countries by encouraging Thai companies to buy more Philippine-made products, Trade Secretary Ramon Lopez said Wednesday. Lopez said while Thailand is the sixth largest trade partner of the Philippines, the difference between the values of Manila’s exports and imports […]

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Indonesia Needs USD 70 billion for Infrastructure Projects

TEMPO.CO, Jakarta – Wismana Adi Suryabrata, deputy for the infrastructure of the National Development Planning Agency (Bappenas), Indonesia requires USD 70 billion (IDR932 trillion) annually to support infrastructure development. Wismana explained that the government has to fill USD 50 billion infrastructure budget gap. To meet the financial needs for infrastructure, according to Wismana, the government must seek alternative funding […]

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