The Department of Finance (DOF) expects the economy to grow by between 6.5 percent and 7 percent this year, citing brisk domestic production, a healthy foreign exchange buffer, a strong banking system and a young and educated workforce. Finance Secretary Carlos Dominguez 3rd also allayed concerns over the impact of global financial shocks such as […]
Read MoreSINGAPORE – Bank lending in Singapore rose 1.1 per cent in December from a month ago, at a faster pace than the 0.4 per cent growth seen in November, as both business and consumer loans grew. Loans through the domestic banking unit – which captures lending in all currencies but mainly reflects Singapore-dollar lending – […]
Read MoreGlobal economic uncertainty, stiff competition and the urgent need to elevate micro, small and medium sized entrepreneurs (MSMEs) are some of the major challenges faced by Malay businesses in the country. Speaking on the sidelines of the annual general meeting (AGM) for the Federation of Brunei-Malay Entrepreneurs (PPPMB) yesterday at the Design and Technology Building […]
Read MoreHis Royal Highness Prince Haji Al-Muhtadee Billah ibni His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah, the Crown Prince and Senior Minister at the Prime Minister’s Office in a sabda says a cohesive and harmonious working relationship between the public sector and the private sector will result in greater synergies and mutual understanding of each […]
Read MoreTHE Philippine automotive industry expects sales to grow by about 11.7 percent this year, slightly lower than the desired 12 percent growth target, because of “unsatisfactory results” in the fourth quarter last year which could mean buying trends may be changing, an industry official said. “In the fourth quarter of 2016, we [Chamber of Automotive […]
Read MoreSINGAPORE – Slightly more local firms in the manufacturing sector are expecting things to improve but companies in the services line are more gloomy, going by separate surveys released on Tuesday (Jan 31). Seventy-six per cent of firms in the manufacturing sector expect business in the first half of 2017 to remain the same as […]
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Thailand
