MANILA, Philippines — The share of the national government’s budget deficit to the country’s gross domestic product (GDP) may have reached 2.6 percent to 2.8 percent in 2017, according to the Department of Finance (DOF). In an interview, Finance Undersecretary and chief economist Gil Beltran said the government’s deficit-to-GDP ratio was estimated to have settled […]
Read MoreAT FIRST glance, Singapore’s December export data seems to show that the trade-driven lift fuelling the economy over the past year has started to fizzle out. But dig deeper and a more optimistic picture emerges. While last month’s performance was weaker than expected, it capped a stellar year, with export growth hitting a seven-year high […]
Read MoreThe Hanoitimes – The soar in manufacturing and processing has been considered a key driver to boost the growth of the entire industrial sector last year, said Minister of Industry and Trade Tran Tuan Anh. According to Anh, the nation’s index of industrial production (IIP) last year experienced a significant year-on-year increase of 9.4 per cent, […]
Read MoreThe Myanmar kyat appreciated to its strongest level against the US dollar in a year after the Central Bank of Myanmar (CBM) set its daily reference rate at K1,345 per dollar on Tuesday. The kyat had weakened to K1,360 against the dollar last year. It opened this year at K1,361. The kyat hit a record […]
Read MoreKUCHING: Small and medium enterprises (SMEs) must be open to embracing digital technologies to compete effectively in the global market. Sarawak Chief Minister Datuk Patinggi Abang Johari Tun Openg said they should leverage the available facilities and innovate. He advised organisations to offer their products and services internationally by utilising technology. “Apple co-founder Steve Jobs once […]
Read MoreThe Hanoitimes – With an export-import turnover of US$93.69 billion last year, bilateral trade value between Vietnam and China is expected to touch the US$100 billion milestone in 2018. Reports from the General Department of Customs showed that last year’s bilateral trade value between the two countries was US$21.79 billion higher than the previous year and […]
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Thailand
