[SINGAPORE] Singapore’s economy may be a few quarters away from a recovery as the decline in trade and manufacturing this year has not really spread to other sectors, said the head of the Monetary Authority of Singapore (MAS). The MAS’s baseline view is that “the current cycle should be bottoming out toward the end of […]
Read MoreThe Hanoitimes – Remittances, along with foreign direct and indirect investment, and official development assistance are major sources of Vietnam’s foreign currency supply. In 2019, in current US dollar terms, Vietnam is projected to be among the 10 largest remittance recipient countries with an inflow of nearly US$16.7 billion, a slight increase from the US$16 billion […]
Read MorePETALING JAYA: The World Bank Group’s present definition of government’s debts that only includes direct debts borrowings is inadequate, Finance Minister Lim Guan Eng says. In a statement issued on Wednesday, he said government guarantees or liabilities that have been committed or crystalised due to default by the principal borrowers, are not covered. “This does […]
Read MoreThe Myanmar economy is expected to expand by 6.8 percent between October 1, 2018 and September 30, 2019 compared to 6.5pc in the previous year, according to the 2019 Annual Consultation Report on Myanmar published by the ASEAN+3 Macroeconomic Research Office (AMRO) on Tuesday. Growth is expected to pick up further, to 7.1pc in fiscal […]
Read MoreKatie Patterson of Myanmar Energy Monitor talks to The Myanmar Times about the impact of Myanmar’s electricity tariff hikes, next year’s blackout risks, the potential of renewables and the sector’s investment prospects The Myanmar government has put in place the National Electrification Plan to achieve 100 percent electrification by 2030, but implementation is behind schedule, putting the […]
Read MoreThe growth rate of factories in Laos is continuing at a moderate pace despite the government improving its policies and regulations to attract investors. The number of factories has grown by just five per cent annually, according to statistics collected by the Department of Industry and Handicrafts under the Ministry of Industry and Commerce. Laos […]
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Thailand
