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Vietnam: Deficit to pressure exchange rates

HA NOI – Exchange rates will face pressure to rise this year due to an anticipated trade deficit, according to the National Financial Supervisory Commission (NFSC). Vietnam’s trade deficit was forecast at 3.5 per cent of the total import and export value. In the first four months of this year, Vietnam ran a trade deficit […]

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Cambodia: Ministry predicts stable GDP growth

The government is predicting Cambodia’s gross domestic product will grow at seven percent this year and next. A Finance Ministry report published last week said there will be solid growth in garment exports, manufacturing and the services industry, alongside modest developments in agriculture. The real estate sector will meanwhile slow down. The government’s growth forecast […]

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Brunei: Future Development of SMEs

The Future development of Small and Medium Enterprises, SMEs can contribute to stronger and more equitable growth for the nation. The importance of unleashing the potential of SMEs, Autoriti Monetari Brunei Darussalam, AMBD will continue to collaborate with relevant stake-holders to ensure a conducive environment for SME development by acting appropriately and effectively through the […]

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Vietnam to miss 2017 inflation target of 4-percent: report

Vietnam’s inflation is expected to be higher than projected in 2017, while the country’s economic growth is likely to fall behind its target, market research firm MarketIntello has predicted. MarketIntello expects Vietnam’s inflation to reach 4.3 percent and the economy to expand at the rate of 6.1 percent in 2017, the company said in its […]

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Indonesia: Sea Toll Road Expected to Reduce Malaysian Products

TEMPO.CO, Jakarta – The government of Nunukan Regency, North Kalimantan, hopes that the distribution of basic necessities via the sea toll program will reduce Malaysian products in the region. “We hope that the distribution of staple foods through the sea toll program will reduce Malaysian products in Nunukan Regency,” Herry Ageng Santoso, head of foreign […]

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