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Indonesia braces for rising oil prices

As oil prices continue to rise, the government is set to push for more subsidies for those in need in an attempt to stabilize the economy. Finance Minister Sri Mulyani Indrawati said that the rising price of oil would put pressure on the economy as a hike in fuel prices would likely lead to a hike in prices […]

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Singapore: More firms in manufacturing, services optimistic about business prospects for next 6 months: EDB, DOS

MORE firms in the services and manufacturing sectors are upbeat about business prospects for the next six months, with sentiment for both industries improving from the previous quarter, two surveys show.  The surveys on firms’ business expectations for April to September 2018 were released separately on Monday. The Economic Development Board (EDB) shared its findings on […]

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Vietnam: High inflation risk looms ahead

The Hanoitimes – Authorities should closely watch on inflation to timely take appropriate measures as it is under pressure to rise significantly next time, experts suggested. According to the General Statistics Office (GSO), the country’s average consumer price index (CPI) for the first quarter of this year increased by 2.82 percent compared with the same period […]

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Philippine economy not at risk from overheating — HSBC

MANILA, Philippines — British banking giant HSBC has played down fears  the Philippines is the most at risk from overheating among countries in the Association of Southeast Asian Nations (ASEAN). In its latest ASEAN Perspectives titled “Mind the output gap,” HSBC said the Philippine economic growth remains grounded on solid fundamentals. Most market watchers fear […]

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