MANILA, Philippines — RAM Rating Services Berhad of Malaysia expects a 6.7 percent economic growth for the Philippines this year. The economic growth forecast of the Kuala Lumpur-based debt watcher is lower than the 6.9 percent expansion registered last year but well within the 6.5 to 7.5 percent target set by the Cabinet-level Development Budget […]
Read MoreThe Indonesian government has agreed to lower the tariff on Australian raw sugar to 5 percent from 8 to 13 percent when the Industry Ministry issues a related regulation in the next two weeks. Trade Minister Enggartiasto Lukita said there would not be an increase in the raw sugar import quota this year but the policy would […]
Read MoreTEMPO.CO, Jakarta – The government is urged to stop the construction of waste-to-energy plants (PLTSa). The Indonesia Center for Environmental Law has called for Energy and Mineral Resources Ministry to review waste to energy projects in seven cities across the country. It reasoned that the Supreme Court (MA) has ruled that waste incineration is against the laws. […]
Read MoreSINGAPORE – The ongoing implementation of cashless payment systems across Singapore could lift local bank profits by up to 9 per cent over the next two years, according to Maybank Kim Eng Research. Its analyst Ng Li Hiang said in a research report on Tuesday (Sept 19) that the higher adoption of cashless payments would […]
Read MoreMyanmar’s financial sector must progress towards becoming more inclusive of small and medium enterprises (SMEs), which form the backbone of the country’s economy, but face difficulties obtaining access to funds for expansion and growth. “We need to liberalise the financial sector to encourage start-ups and support SMEs. This involves integrating the full-range of financial services […]
Read MoreHANOI — Financial leasing institutions are the lastest solution to resolve capital shortages of local businesses, especially small- and medium-sized enterprises (SMEs). Financial leasing has been a popular channel to mobilise capital globally, with total revenue of up to US$1 trillion per year. Financial leasing is a credit activity in the mid-and-long-term through the leasing […]
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Thailand
