KUALA LUMPUR: Malaysia’s economy is expected to grow at a faster pace of 4.8% in the first quarter ended March 31, 2017, underpinned by external demand due to stronger exports, says RAM Ratings. The ratings agency said on Monday the growth will be higher than the 4.5% in the preceding quarter of 4.5% in Q4, […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) projects May’s inflation at 0.27 percent. This is based on a survey BI held in 82 cities in the second week of the month. On an annual basis, May’s inflation is estimated at 4.12 percent. “This is still in line with the government’s and BI’s target,” BI governor Agus Martowardojo […]
Read MoreFor the first month of this fiscal year, 36 businesses, approved under two older investment laws, have been permitted to operate, according to Myanmar Investment Commission (MIC) secretary U Aung Naing Oo. They include 24 foreign investments – worth US$656.277 million – and 14 domestic investments, which are worth US$186 million (or K366 billion), he […]
Read MoreE-commerce in Southeast Asia is ripe for fast-paced growth scenario given the region’s huge population and growing middle class, but countries need to address existing challenges to help the business reach its full potential, says a Google executive. Southeast Asia is a “hotbed” for mobile internet with about 130 million people now using smartphones out […]
Read MoreThe economy expanded at its fastest quarterly pace in four years in the first quarter, boosted by recovering exports, but monetary policy will likely remain loose to cushion still-subdued investment activity. The government raised its export outlook for 2017, suggesting the recovery was gaining traction but the economy still faces rising global trade protectionism and […]
Read MoreTEMPO.CO, Seattle – Lee Lik Hsin, CEO of Singapore Airlines subsidiary Scoot operating in Jakarta, Surabaya, and Denpasar, revealed that he had been in communications with Indonesian authorities. Lee added that Indonesian officials had visited Scoot to discuss flights. However, Lee did not reveal whether his company is planning to serve new flight routes outside the […]
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