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Indonesia: SME Loan Grows by 29 Percent

TEMPO.CO, Jakarta – Latest statistics by Bank Indonesia shows micro, small and medium-sized enterprises (SMEs) loan in February 2017 grew by 29.8 percent year-on-year (yoy) to Rp946.3 trillion compared to January 2017 at 8.5 percent to Rp780.2 trillion. However, microlending slipped by 4.3 percent to Rp176.7 trillion compared to the previous month at 9.3 percent to […]

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Myanmar: SMEs squeezed with little government support

After the new NLD-led government came into office, supporting small and medium enterprises (SMEs) was included in the 12-point economic policy released by the administration last year. A year has passed but little has changed for those enterprises so far. In its long-awaited economic policy presented on July 29, the government highlighted the importance of […]

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Thailand: Consumer prices rise 0.76% in March

Annual headline consumer prices rose less than expected in March, government data showed on Monday, giving the central bank leeway to keep interest rates low to assist economic recovery. The headline CPI index rose for a 12th straight month in March, up 0.76% from a year earlier, its slowest pace in four months, compared with […]

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Lending Grows 8.4 Percent in February: Bank Indonesia

TEMPO.CO, Jakarta – Bank Indonesia (BI) reported that lending grew 8.4 percent year on year (YoY) to Rp4,333 trillion in February 2017, or an increase compared to January 2017 at 8.2 percent YoY. Working capital loans (KMK) and investment loans grew by 11.8 percent YoY and 9.7 percent YoY, respectively, BI spokesman Tirta Segara stated in […]

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Thailand: Govt spending driving growth as investment stalls

Government spending continued to be the growth driver of the Thai economy as private investment remained unchanged and tourism contracted in February, the Bank of Thailand said on Friday. Government spending expanded at a slower pace, but continued to be the driver of the economy. Excluding transfers, spending rose due to salary increases for government […]

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Thailand: The New BOI Act promotes technology and offers additional incentives

Investment in Asia, especially in Thailand, is growing significantly. Therefore, the Thai government, under the leadership of Prime Minister Gen. Prayut Chan-o-cha, has encouraged related government agencies to take measures to boost investment in the country, improve the investment environment to be ready for “Thailand 4.0” and to become the world’s investment destination. The Office […]

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