Bank Indonesia (BI) says expansion of the manufacturing sector has started to slow down after obtaining high growth in the third quarter. BI Governor Perry Warjiyo said over the weekend that the prompt manufacturing index (PMI) in the third quarter was above 50 percent, indicating that there was growth but it was slower than during the previous […]
Read MoreIt has been five years since the government first allowed private insurance businesses to offer their services in Myanmar in 2013. But further liberalisation is needed and the authorities have been saying they are close to allowing foreign insurance providers to operate domestically. In August, U Zaw Naing, secretary of the Insurance Business Regulatory Board […]
Read MoreThe government on Friday reiterated its intention of issuing sovereign bonds, and said they will become available to investors in the next four to five years. Government securities will serve to support economic growth, reduce reliance on foreign currencies and risks associated with currency exchange rates, and will allow the Central Bank to take control […]
Read MoreCountries in East Asia-Pacific have been advised to better prepare themselves for disasters following the earthquakes in Indonesia last month. The annual meetings of the International Monetary Fund (IMF) and World Bank that took place earlier this month in Bali were held at an unfortunate time as Indonesia was just hit with two major disasters. The […]
Read MoreThe Hanoitimes – Foreign beverage producers are expanding footprint in Vietnam to capitalize high growth potentials of the estimated US$4 billion market. During a recent meeting with Prime Minister Nguyen Xuan Phuc in Hanoi, Calin Dragan, director of Coca-Cola’s Bottling Investments Group in Southeast Asia and the Middle East, said that Coca-Cola is to build a […]
Read MoreMANILA, Philippines — The Senate was urged yesterday to pass its version of the bill imposing tariffs on rice importation so it could soon become a law that could help bring down rice prices. In making the appeal, Camarines Sur Rep. Luis Raymund Villafuerte reminded senators that the bill is a priority legislative measure of […]
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Thailand
