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Thailand: Exports rise 9.9% to six-year high

Thailand finished last year with export growth of 9.9%, the highest in six years, propelled by higher purchases from key trading partners, especially the US, EU, Asean and China. The Commerce Ministry reported Monday that the country’s whole-year shipments totalled US$237 billion (7.5 trillion baht). By contrast, exports in 2016 rose only 0.50% year-on-year. Imports […]

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Philippine economic growth fuels talk of rate hikes

The Philippines retained its position as one of the world’s fastest-growing economies with growth of more than 6% for a sixth consecutive year, fuelling calls for the central bank to start raising interest rates to keep inflation under control. Gross domestic product increased 6.7% in 2017, the Philippine Statistics Authority said in Manila on Tuesday, […]

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Indonesia – Investment task forces to operate in Jakarta, other regions: Jokowi

President Joko “Jokowi” Widodo has stressed that the central government and the regional administrations will establish the Investment Acceleration Task Forces to ensure that investors do not face problems in dealing with local bureaucracies. The President said in Jakarta on Tuesday that the task forces would begin operation before the government establishes the online single submission […]

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