MANILA, Philippines (Updated 3:07 p.m.) — The Philippine economy expanded within the government’s target in 2017, keeping the country’s position as one of the fastest growing economies in Asia despite a slowdown in the last three months of the year, the country’s statistics agency reported Tuesday. The country’s gross domestic product — or the value of […]
Read MoreThe Myanmar Rice Federation (MRF) will prioritise scaling up exports for rice between 2018 and 2020, according to the MRF’s SME development plan, which was announced on Sunday. In addition, the Ministry of National Planning and Finance and the MRF will work together to support SMEs in the rice sector to secure loans. The government aims […]
Read MoreKUALA LUMPUR, Jan 22: Malaysia’s economy will continue to strengthen between March to May 2018 given that the Leading Index (LI) and the Coincident Index (CI) improved in November 2017, the Department of Statistics (DoS) said. The LI, which monitors the economic performance in advance, registered a growth of one per cent to 121.3 points in […]
Read MoreThe government has eyed a 3 percent inflation rate in 2020, in order to keep the rate low to help purchasing power, improve living standards and encourage sustainable development. “The inflation rate for 2020 is [targeted] at three, plus and minus 1 percent. Indonesian inflation has been declining every year,” Coordinating Economic Minister Darmin Nasution […]
Read MoreMANILA, Philippines — The Department of Finance on Tuesday said it expects the economy to grow faster in 2018 despite firming up below market expectations in the fourth quarter of 2017. The country’s gross domestic product — or the value of all finished goods and services produced in the country — grew 6.6 percent in […]
Read MoreThe new double-taxation agreement between Thailand and Cambodia officially took effect on Jan 1 for withholding tax and corporate income tax. The two countries only signed the agreement on Sept 7 last year but rushed to complete the ratification process on Dec 26. This super-fast track is a part of a consolidated strategic action plan […]
Read More
Thailand
