SINGAPORE’S economy expanded by a better-than-expected 2 per cent in 2016, and Prime Minister Lee Hsien Loong thinks there’s a “good chance” that growth this year can exceed that figure. If realised, this would put the 2017 GDP figure at the higher end of the government’s official forecast of between one and 3 per cent. […]
Read MoreVietnam is the second most attractive investment destination in Southeast Asia, following Myanmar, according to a Grant Thornton Vietnam survey. Released on April 28, the survey on private investment revealed that 72 per cent of respondents said that the level of investment attractiveness in Vietnam was “Attractive” or “Very Attractive”, similar to results in 2016. […]
Read MoreThe World Bank said that at the end of May, Myanmar reforms and the country’s poverty reduction efforts and efforts to maintain macroeconomic stability will be given financial assistance. On April 27, the financial institution approved a US$200 million loan to the Myanmar government to support the Myanmar government’s effort to achieve sustained macroeconomic stability […]
Read MoreTEMPO.CO, Tangerang – The Central Statistics Agency (BPS) announced that the number of foreign tourist arrivals to Indonesia reached 1.02 million visits in March. The figure represents a 6.68 percent increase from February’s 957,600 visits. BPS chief Suhariyanto said in a press conference Tuesday that from January to March, there were 3.01 million foreign tourist arrivals […]
Read MoreTEMPO.CO, Jakarta – The Central Statistics Agency (BPS) reports that inflation rate in April was at 0.09 percent due to adjustment to non-subsidized 900 VA electricity tariff. As such, inflation of the calendar year (January-April 2017) was at 1.28 percent and year-on-year inflation in April was 4.17 percent. The inflation was due to price increases in […]
Read MoreConsumer prices, which gauge the country’s inflation rate, rose for a 13th straight month in April, albeit at a slower pace, boosted largely by higher oil and finished food prices. The Commerce Ministry said the consumer price index (CPI), based on 422 products and services, rose 0.38% last month year-on-year but eased from 0.76% in […]
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Thailand
