JAKARTA (REUTERS) – Indonesia’s economy is expected to have grown slightly faster in the first quarter of 2017, thanks to improved exports, a Reuters poll showed. South-east Asia’s largest economy was seen expanding 5 per cent in the January-March period on an annual basis, according to the median forecast of 18 analysts in the poll. […]
Read MoreThe government aims to attract 30 leading multinational firms to invest in the Eastern Economic Corridor (EEC), which is a designated to serve as Thailand’s new growth engine with high-tech and innovative clusters, over the next two years. Under the plan, 10 leading international companies will be solicited in the first year, said Kanit Sangsuphan, […]
Read MoreIllicit financial flows in and out of Cambodia starved the Kingdom of at least $360 million in lost taxes annually between 2005 and 2014, according to a new report. The US-based nonprofit Global Financial Integrity (GFI) measured illicit financial flows – the illegal movement of money or capital from one country to another – and […]
Read MoreThe country’s total retail sales and services revenue reached 1,267.9 trillion VND (56.7 billion USD) in the first four months of this year, a year on year increase of 6.7 percent. The growth rate was lower than the growth rate of 7.8 percent in the first four months of 2016, the General Statistics Office (GSO) […]
Read MoreMANILA, Philippines – Domestic manufacturing sustained its growth momentum in April although at a slower pace compared to March, according to the latest reading of the Nikkei Philippines Manufacturing purchasing managers’ index (PMI) Domestic factory output registered a PMI reading of 53.3 in April, slightly down from 53.8 in March but nonetheless signaling “another solid […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose on Tuesday evening in their second consecutive day of gains, helped by strong export data and firmer soyoil prices. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange was up 1.6 percent at 2,548 ringgit ($589.00) a tonne by the end of the trading day. Volumes stood […]
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Thailand
