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EEC tapped to drive 4% GDP expansion

The Finance Ministry is hoping that the beginning of the Eastern Economic Corridor (EEC) project will help drive the country’s economic growth above 4% in 2018, says Finance Minister Apisak Tantivorawong. The ministry’s informal forecast for economic growth is 4.1% in 2018, which it feels is conservative because it does not take into account the […]

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Malaysia’s GDP to grow 5pct in 2018

KUALA LUMPUR: Malaysia’s gross domestic product (GDP) is estimated to moderate slightly to 5.0 per cent in 2018, with growth fundamentals appearing solid on the back of improving global fundamentals and higher oil prices. According to the OCBC Bank 2018 Global Outlook report, the country’s economic growth would like stay supported by further traction seen […]

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Thailand: December headline CPI rises below forecast

The country’s headline consumer prices rose again in December, but were below forecasts. The headline consumer price index rose 0.78% in December from a year earlier, after November’s 0.99% rise, the Commerce Ministry said on Wednesday. A Reuters poll projected an increase of 0.99% in December. The Bank of Thailand expects headline inflation to be […]

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