Myanmar is set to represent one of the fast growing economies this year but it will be affected by India’s growth acceleration as well as the stability of the Chinese economy, according to PwC Growth Markets Centre. David Wijeratne, Gagan Oberoi and Neu Boon Ling from the centre said that 2018 has so far given boost […]
Read MoreThe government has raised its forecast for the country’s inflation rate this year to 0.7-1.7% from 0.6-1.6% as an improving economy and daily minimum wage hike are expected to push up consumer prices. Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, said the rates will also be boosted by a growing global economy, […]
Read MoreKUALA LUMPUR: Malaysia has the opportunities to further develop its maritime economy, with the support of numerous shipyards, ports and terminals, in addition to a prime geographic location. Nazery Khalid, honorary secretary of the Association of Marine Industries Malaysia and head of planning and development, Boustead Heavy Industries Corp , said there were still opportunities for maritime […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said inflation last month could have touched the higher end of the two to four percent target as prices of petroleum products and other consumer goods went up following the implementation of the tax reform law. The central bank’s Department of Economic Research said inflation in […]
Read MoreMalaysian credit rating agency RAM reaffirmed Cambodia’s poor ratings on the global and Asean scales, pointing to the country’s poor business environment and weak institutional capacity. The ratings – ‘gB1(pi)/stable/gNP(pi)’ on the global scale and ‘seaBB3(pi)/stable/seaNP(pi)’ on the Asean scale – mean the country is facing a lack of development, coupled with a poor business […]
Read MoreTEMPO.CO, Jakarta – The Central Statistics Agency plans to include digital currency as a component to calculate inflation. The e-money element will be included as an item in the financial services component. “We will begin the survey, to see how many people use e-money,” BPS deputy for distribution and service statistics Yunita Rusanti said yesterday, Feb. 1. […]
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Thailand
