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Bank Indonesia Predicts 5.1 Percent Economic Growth

TEMPO.CO, Jakarta – Indonesia’s economic growth in the 4th quarter of 2018 is predicted to not exceed 5.2 percent due to bad export performance. Bank Indonesia Governor Perry Warjiyo asserted that there is no probability of the economic growth to reach 5.2 percent. “However, it is clearly over 5 percent, so in overall, for 2018 [economic growth] is predicted […]

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Malaysia: 5%-6% loan growth seen for 2019

PETALING JAYA: The banking sector is not expected to see a significant rise in loans and earnings next year amid a tough investment environment and margin compression. Bankers and analysts, however, said the sector would hold up and are maintaining their 2018 average loan and earnings growth projections for next year. They are forecasting an […]

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Vietnam’s transport ministry supports GrabTaxi expansion

The Hanoitimes – The move is aimed to meet customer demands for transportation in new provinces/cities and improve the service quality of the transportation sector in overall, Tuoi Tre newspaper reported. Vietnam’s Ministry of Transport (MoT) has encouraged ride-hailing firm Grab to expand its taxi service network to provinces of Kon Tum, Dak Lak, Binh Dinh […]

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Thailand: Consumer complaints down

Despite a decrease in the number of overall complaints in the first 10 months of this year, property and residential businesses remain unimproved, with the majority of complaints concerning condos, says the Office of the Consumer Protection Board (OCPB). Pikanes Tapuang, deputy secretary-general of the OCPB, said most condo complaints were in Greater Bangkok for […]

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