KUALA LUMPUR: Malaysia’s economic outlook has improved. But the Socio-economic Research Centre (SERC) says it remains cautiously optimistic on the country’s growth prospects amid the current unpredictable global economic, financial and political landscape. The independent research institution yesterday raised its 2017 gross domestic product (GDP) growth projection to 5% from the initial estimate of 4.6% […]
Read MoreSINGAPORE: Southeast Asian markets trod with caution on Thursday after minutes from the U.S. Federal Reserve’s last meeting showed policymakers were split on the outlook for inflation and how it might affect the future pace of interestrate rises. The minutes of the Fed’s June policy meeting released on Wednesday also showed that several officials wanted […]
Read MoreMANILA, Philippines – The national government’s outstanding debt may reach P6.47 trillion by end-2017, corresponding to about 40.76 percent of the country’s gross domestic product, the Bureau of the Treasury said. National Treasurer Rosalia De Leon said the country’s outstanding debt for 2017 may increase 6.24 percent to P6.47 trillion from the P6.09 trillion recorded […]
Read MoreTEMPO.CO, Jakarta – Energy and Mineral Resources (ESDM) Minister Ignsius Jonan said that the government will not raise the basic electricity tariff from July 1 to December 31, 2017. “We will do our best not to raise the tariff from July 1 to December 31. We need the extraordinary competitiveness of industry. The president has asked not to raise the electricity tariff,” the minister stated on Wednesday. He also explained that regarding the basic electricity tariff (TDL) for housing, […]
Read MoreFirst Myanmar Investment, one of the companies listed in the Yangon Stock Exchange (YSX), will see its share amounts rise by around 2 million shares towards the end of August. Hence, the total shares will reach 25 million. First Myanmar Investment (FMI), a conglomerate with interests from hospitals to airlines, is involved in real estate projects such as Thanlyin Estate Development and […]
Read More(KPL) Laos has expected to operate 100 hydropower plants with combined installed generation capacity of 28,000 MW and annual power output of about 77,000 million KWh by 2020. Some85 percent of the power production in the country will be exported. Laos currently has 46 operational hydropower plants with combined generation capacity of 6,444 MW and […]
Read More
Thailand
