The Month-to-month inflation rate until the fourth week of January stood at 0.73 percent, a survey by Bank Indonesia has found. The figure is slightly higher than 0.71 percent recorded in December. The latest figure brought the year-on-year (yoy) inflation rate projection to 3.36 percent, said Bank Indonesia Governor Agus Martowardojo in Jakarta recently. The yoy inflation rate projection is still within […]
Read MoreKUALA LUMPUR, Jan 29: PropertyGuru Malaysia’s latest consumer sentiment survey showed that 57 per cent of buyers in the country looking to transact properties in the next six months. Country Manager, Sheldon Fernandez said a significant number of buyers had modified their budgets and more prepared to transact. “With smaller budgets, they perhaps are better able […]
Read MoreThe finance ministry on Monday raised its economic growth forecast for this year to 4.2% from 3.8%, and also raised its estimate for exports, an official said. Exports, a key driver of growth, should increase 6.6% this year, compared with the 5.7% predicted in October, ministry spokeswoman Kulaya Tantitemit told a news conference. The economy will […]
Read MoreThe Hanoitimes – The steel industry will continue on its high growth trajectory (20-22% this year) thanks to rising market demand, predicted Vice Chairman of Vietnam Steel Association (VSA) Nguyen Van Sua. The strongest growth will be seen in the production of hot-rolled steel with 154%, followed by welded steel pipe (15%), colored galvanized steel (12%), […]
Read MoreA major shake-up in Myanmar’s administration is in the pipeline as the government tries to tackle obstacles that stand in the way of economic progress, improved transparency and a more efficient bureaucracy. The new strategy will concentrate on personnel, policies and reform, according to government insiders. “The government needs to urgently deal with corruption, bureaucratic […]
Read MoreMANILA, Philippines — Think tanks Focus Economics and BMI Research said the pace of economic expansion in the Philippines would further ease over the next two years after peaking at nearly seven percent in 2016. Massimo Bassetti, economist at Focus Economics, said they see the country’s gross domestic product (GDP) growth slowing to 6.6 percent […]
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Thailand
