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Cambodia: AMRO forsees stable growth ahead

Cambodia’s economic growth is expected to remain stable this year with inflation rising slightly on increases in the costs of global fuel and food prices, the Asean+3 Macroeconomic Research Office (AMRO) concluded following its annual consultation visit to the Kingdom. “Cambodia’s economy is expected to grow strongly at 6.9 percent in 2017 with inflation reaching […]

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Philippines: Ecozone investments soar 71% to P120.2 B

MANILA, Philippines – Investments registered at the Philippine Economic Zone Authority (PEZA) continue to pour in, surging 71 percent in the first half of the year on the back of sustained investor confidence in the current administration, the country’s ecozone regulator said. PEZA director general Charito Plaza said investment pledges approved by the agency from […]

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Thailand: Strong baht bites into canned tuna export

Thai exports for canned tuna are expected to miss their target of 80 billion baht as the stronger baht bites into the country’s competitive edge, says Chanintr Chalisarapong, president of the Thai Tuna Industry Association.  Mr Chanintr said the strengthening of baht against the dollar had raised the prices of Thai products, making similar products from […]

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SERC sees Malaysia GDP growing at 5% in 2017

KUALA LUMPUR: Malaysia’s economy is expected to grow at a faster this year driven by domestic demand and strengthening exports, says the Socio-economic Research Centre Sdn Bhd (SERC).  The research institution raised its 2017 gross domestic product (GDP) growth forecast for Malaysia to 5% from 4.3% previously. This compared with a GDP growth of 4.2% […]

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World Bank has committed over $2b in Myanmar as of June

The World Bank is currently supporting 43 active projects in Myanmar, Cambodia and Laos, with commitments of over US$2.7 billion as of June, according to the World Bank’s press statement. Myanmar accounts for over half of the total commitment in the three countries. 13 projects and over $2 billion are in Myanmar, with the remaining […]

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