[JAKARTA] Indonesia’s annual inflation rate cooled more than expected to the lowest in almost a decade, near the lower end of the central bank’s target range, due to falling food prices, data from the statistics bureau showed on Friday. February’s inflation rate was at 2.57 per cent on a yearly basis, the lowest since November 2009 according to Refinitiv […]
Read MoreMANILA, Philippines — The underlying fiscal metrics of the Philippines remain stable even after the national government overshot its budget deficit ceiling last year, according to Moody’s Investors Service. “Although wider budget shortfalls typically reflect a credit-negative deterioration in other fiscal metrics, measures of the Philippine government’s indebtedness and debt affordability have remained stable or continued […]
Read MoreIn 2018, mobile financial services provider Wave Money moved more than K2 trillion (US$1.3 billion in remittance volume, equivalent to nearly 2 percent of Myanmar’s GDP, the company said in a statement last week. Wave Money operates the largest financial services network in Myanmar, with an agent network that is over 16 times larger than […]
Read MoreLaos is one of the fastest growing economies in Southeast Asia (SEA). On average the country’s economy as measured by GDP has grown by 7.5 per cent per year and trade by 17 per cent per year since 2000, reflecting the importance of trade as a key driver of its growth. However, while Laos is […]
Read MoreSINGAPORE – The Republic continues to rank world No. 1 in the area of order and security, according to the 2019 Rule of Law Index compiled by the World Justice Project (WJP), an independent advocacy group based in the United States. Order and security is measured by how well a society ensures the security of […]
Read MoreVietNamNet Bridge – If the luxury tax on domestically made car parts is removed, production costs could be considerably lower and the low-cost car dreams would be within reach. A source told VietNamNet that the Ministry of Finance (MOF) has sent a document to the PM on luxury taxes on domestically-made cars with fewer than […]
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Thailand
