Jakarta (ANTARA) – Head of the Fiscal Policy Office (BKF) of the Finance Ministry, Febrio Kacaribu, has said that the increase in Indonesia’s debt ratio amid the COVID-19 pandemic has been relatively small compared to other countries. “Our debt ratio only increased around 10 percent of the gross domestic product (GDP) — from around 30 […]
Read MoreKUALA LUMPUR (Dec 7): Retail Group Malaysia (RGM) is projecting a 6% growth in Malaysia’s retail sales for 2022 as the country’s retail industry looks forward to a recovery from the impact of Covid-19 pandemic-driven movement restrictions of almost two years. In RGM’s retail industry report for November 2021, the group, which interviewed members of the […]
Read MoreKUALA LUMPUR, Dec 7 — Malaysia’s economy is expected to grow 3.7 per cent this year and further expand to 6.0 per cent in 2022 amid the recovery in economic activities, said MIDF Amanah Investment Bank Bhd (MIDF Research). Economist Abdul Mui’zz Morhalim said the recovery in domestic economic activities would continue as both consumers and businesses increase […]
Read MoreThe Customs Department plans to introduce a non-tariff measure to bridge the disparity between low-priced goods shipped into Thailand that are tax-exempt and goods locally produced by small and medium-sized enterprises (SMEs), says director-general Patchara Anuntasilpa. Customs rules allow goods priced 1,500 baht or lower that are shipped into Thailand exemption from import duties and […]
Read MoreCambodia may face tougher challenges than some of its ASEAN counterparts as it rebuilds its economy from the impact of the Coronavirus because it has fewer fiscal resources, meaning the social safety net is not as strong as some other Southeast-Asian nations, according to Jayant Menon, a visiting fellow at the ISEAS Yusof Ishak Institute […]
Read MoreDespite the lingering effects of the pandemic, the Ministry of Industry and Trade forecasts that Vietnam’s total trade value this year may reach a new record of between US$640 – 645 billion, with a slight trade surplus. The ministry attributed the results to the great efforts of the business community in overcoming the difficulties of […]
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