JAKARTA: Indonesia’s economic growth rate remained around 5% in the second quarter and was the weakest in two years, highlighting the difficulties it faces accelerating GDP expansion amid global uncertainties. South-East Asia’s largest economy grew 5.05% in April-June, a touch cooler than January-March’s 5.07%, the statistics bureau said yesterday. The pace matched the forecast in […]
Read MoreMANILA, Philippines (Update 2, 10:09 a.m.) — The country’s headline, or total, inflation eased to 2.4% in July, National Statistician Dennis Mapa said in a press briefing Tuesday. This was lower than the 2.7% recorded in June and the lowest recorded since January 2017. “It was the same rate observed in July 2017,” Mapa said, adding inflation […]
Read MoreThe Sihanoukville Autonomous Port (PAS), Cambodia’s sole deep-water seaport and one of its most important links to the outside world, is currently experiencing congestion, which has become a source of concern for some major international shipping companies. For in depth analysis of Cambodian Business, visit Capital Cambodia Last week, Hapag-Lloyd, an international transport company based in […]
Read MoreThe decline in the number of Japanese expatriates in Thailand is bringing about a change in the nature of demand for rental apartments in Bangkok, although the performance of the sector overall remains healthy. The number of Japanese in Thailand decreased last year to less than 20% of all expats for the first time. As […]
Read MoreVietnam’s Ministry of Public Security is proposing to pass a regulation that allows visa exemptions for foreigners entering Phu Quoc Island in Kien Giang province with a 30-day stay period. The proposal is in the draft Law on foreigners’ entry into, exit from, transit through and residence in Vietnam (Law No 47), which will be […]
Read MoreA full draft of the new town plan for the Eastern Economic Corridor (EEC) sailed through the approval process on Monday of the EEC Policy Committee chaired by the premier. Monton Sudprasert, director-general of the Public Works and Town & Country Planning Department, said following the endorsement, the draft would be submitted to the cabinet […]
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