Foreign loans are mounting under the current National League for Democracy government, but care has been taken to accept only loans with low interest rates, said U Khin Cho, a member of the Parliament’s Public Accounts Committee. “There is a policy under the present government that it will reduce foreign borrowings as much as possible […]
Read MoreKUALA LUMPUR, Jan 23: Malaysia’s gross domestic product (GDP) is forecast to grow 5.4 per cent year-on-year (y-o-y) in 2018, mainly driven by domestic demand, which is projected to increase 5.2 per cent y-o-y, the Malaysian Institute of Economic Research (MIER) said. Executive Director Dr Zakariah Abdul Rashid said both consumers and producers from the private […]
Read MoreThe Hanoitimes – Private Economic Development Research Board (IV Board) composed a list of recommendations for the business community, which will be submitted to the Prime Minister in February 2018. The list is mainly focused on priority sectors such as agriculture, tourism, digital economy, startup innovation, and financial investment. In the agricultural sector, the board raised […]
Read MoreMANILA, Philippines — Foreign business leaders are bullish on their outlook for the Philippine economy this year as they expect foreign direct investment (FDI) levels soaring to new highs. Economic expansion is likely to continue this year, thereby sustaining investor confidence and keeping the country an attractive investment destination, according to foreign business leaders polled […]
Read MoreSINGAPORE: Singapore should remain open to adjusting levels of foreign workers while not threatening job and wage opportunities for native residents, Monetary Authority of Singapore managing director Ravi Menon (pic) said. “It is not about how many foreign workers industry wants or society can afford to have, but what number and kind of foreign workers […]
Read MoreThose in the middle 60 per cent and top 20 per cent experienced modest increases in price levels, the data from the Department of Statistics showed. The consumer price index – the main measure of inflation – rose 0.5 per cent in the second half of 2017 compared with the corresponding period in 2016. This […]
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Thailand
