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Thailand: Six strategies targeted for development

Thailand’s national strategy is centred on six key areas — farming, services, tourism, entrepreneurship, logistics and digital — to help raise the country’s competitiveness and make it a developed nation in 20 years. Sathit Limpongphan, chairman of a committee tasked with developing a national strategy to strengthen the country’s competitiveness, said six strategies that have […]

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Loan growth for Malaysian banks seen stronger this year

KUALA LUMPUR: Total loan growth for the banking industry is expected to be at 4% to 5% this year, stronger than last year, says CIMB group  chief executive officer Tengku Datuk Seri Zafrul Aziz. Tengku Zafrul said the higher-than-expected gross domestic product (GDP) growth in 2017 would translate into a stronger loan expansion this year. “Last year’s […]

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GMS to enhance cooperation

With leaders from the Greater Mekong Sub-region gathering next week in Phnom Penh for a new summit on Lancang-Mekong Cooperation, leading political thinkers and researchers say the LMC mechanism plays a crucial role in enhancing economic cooperation in the region and complements the work being done at the Asean-level. The LMC is a relatively new […]

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Philippines: Inflation steadies in December

MANILA, Philippines — The Philippines’ full-year inflation rate settled within the government’s target, with the consumer price index steadying in December, the country’s statistics agency reported Friday. According to the Philippine Statistics Authority, headline inflation last month rose to 3.3 percent from a year ago — the same pace clocked in November and within the […]

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