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Thailand: Exports grow, industries’ confidence drops

Exports rose 10% year-on-year in February, but the industries’ sentiment index fell for the first time in four months on concerns about costs.  The Commerce Ministry said on Wednesday that exports were valued at US$20.36 billion in February, up 10.3% year- on-year. Exports in the first two months of 2018 rose 13.8% to $40.47 billion. Imports […]

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Malaysia’s debt-to-GDP ratio runs high among A-rated sovereigns, says Moody’s

KUALA LUMPUR: Malaysia’s government debt to gross domestic product ratio of 51 percent is ”quite high” compared with other countries with an ”A” sovereign credit rating, Moody’s Investors Service said. The high debt, however, was largely denominated in ringgit, mitigating external risks to the Southeast Asian nation. “Just to put things into perspective, Malaysia’s government […]

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Indonesia looks abroad to lure investment

The government is courting foreign investors in a bid to lure investment to fuel its infrastructure development program, given the state budget’s limited capability to fund President Joko “Jokowi” Widodo’s ambitious infrastructure projects. National Development Planning Minister Bambang Brodjonegoro, who recently embarked on a roadshow to the United Kingdom, Australia and Ireland to pitch for […]

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