KUALA LUMPUR: Malaysia’s economy grew at a faster pace of 5.6% in the first quarter ended March 31, 2017, exceeding the consensus of a 4.8% growth, powered by the manufacturing and services sectors. Bank Negara Malaysia (BNM) said on Friday that growth, on the expenditure side, was underpinned by an increase in private consumption of […]
Read MoreMANILA, Philippines – Economists of investment banks see the country’s gross domestic product (GDP) growth recovering strongly after a weaker-than-expected private consumption resulted to disappointing results in the first quarter of the year. Credit Suisse economist Michael Wan said the surprisingly weak private consumption dragged the GDP growth to 6.4 percent in the first quarter […]
Read MoreRice is one of the major sectors prioritised by the Myanmar National Export Strategy. The Strategy was designed to fuel the country’s sustainable development through export promotion and was first launched in March 2015 under the previous administration. At one time, the country was the top rice exporter internationally until the Second World War. Subsequently, […]
Read MoreTEMPO.CO, Jakarta – The Governor of Bank Indonesia Agus Martowarojo has predicted 5.1 percent growth in the second quarter of 2017. If achieved, he said, the second and third quarter may see 5.2 percent growth. “The first quarter also grew higher compared to the previous one,” he said after the meeting of Bank Indonesia Governor […]
Read MoreSET-listed Berli Jucker Plc, owner of Big C Supercenter Plc, says it is open to partnerships with other suppliers to make products for markets in Cambodia, Laos, Myanmar and Vietnam (CLMV). Aswin Techajareonvikul, BJC’s chief executive, said the company will put efforts into strengthening its manufacturing business by partnering with other producers to meed demand […]
Read MoreRIYADH: Indonesia’s Finance Minister Sri Mulyani Indrawati said boosting economic growth above 5.6% in 2018 is “very critical” and she hopes the government won’t need to cut spending this year to keep the budget deficit in check. Exports are rebounding quite strongly and “that’s encouraging,” Indrawati said in an interview on the sidelines of the […]
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