Vietnam’s trade as a percentage of gross domestic product (GDP) reached over 200 percent in 2017, the highest level for any country with over 50 million people in the World Bank’s data. The information was revealed in a report by the World Economic Forum. (WEF) Of the world’s twenty most populous countries, Vietnam blows away […]
Read MoreIndonesia’s inflation rate in October is estimated to reach 0.12 percent month-to-month (mtm), a result of the recent increase in non-subsidized fuel prices, Bank Indonesia (BI) Governor Perry Warjiyo said on Friday. Statistics Indonesia (BPS) announced that the country recorded a 0.18 percent deflation in September and 0.05 percent in August. The latest figure brings year-to-date (ytd) inflation to 1.94 percent, […]
Read MorePETALING JAYA: Malaysia will drop its long time dream to hit US$15,000 (RM62,300) per capita income by 2020 to meet its high income nation aspirations, as it now looks to ensure high income levels commensurate with higher purchasing power. The mid-term review of the 11th Malaysia Plan presented a two-prong approach to address the disparity of […]
Read MoreThe Hanoitimes – The number of foreign investors, who contribute capital or acquire shares in Vietnamese firms, is surging rapidly, given by the firms’ high growth prospects and the government’s effective actions in improving the country’s business and investment environment. Figures from the Foreign Investment Agency under the Ministry of Planning and Investment showed that foreign […]
Read MoreThailand climbed two spots to 38th place in this year’s World Economic Forum (WEF) global competitiveness index 4.0 rankings of 140 nations. The kingdom saw its score edge up from 66% last year to 67.5%. The global competitiveness index (GCI) 4.0 measures national competitiveness — defined as the set of institutions, policies and factors that […]
Read MoreManpower Minister Hanif Dhakiri has proposed an 8.13 percent rise in the provincial minimum wage (UMP) for 2019, saying an increase of that amount was based on data issued by Statistics Indonesia (BPS) on inflation of 2.88 percent and economic growth of 5.15 percent. “We hope that all governors will soon [adopt] the new provincial […]
Read More
Thailand
