Myanmar’s economy will recover from a 2016 slump to expand at over 7 percent for next three years, according to a new World Bank review. But the path is still replete with risks, and many of the imbalances that plague the economy are getting worse. Like the IMF, which lowered its estimate in October, the […]
Read MoreFavourable transport infrastructure and the beautiful landscape are expected to boost tourism in the northern port city of Hai Phong. Cat Bi International Airport and the Hanoi-Hai Phong expressway, which were put into service in early 2016, have helped reduce travel time from Hanoi to Hai Phong. Direct flights between Hai Phong and countries such […]
Read MoreFive local enterprises were granted S5 productivity awards by the Ministry of Industry and Handicraft to encourage them to be productive and globally competitive. The awards were given to enterprises based on their applications and after passing inspections carried out by the ministry, said Heng Eang, director of the National Productivity Center at the ministry. […]
Read MoreTEMPO.CO, Bangkok – Thailand received a record 32.59 million foreign visitors last year, with revenue beating expectations and likely to exceed previous forecasts this year by growing 10 percent or more, officials said Monday, January 30. Thailand is proving popular even as terror scares, including a series of bombings in resorts towns killing four people, and the […]
Read MoreTEMPO.CO, Jakarta – State-owned port operator PT Pelabuhan Indonesia II (Persero) is targeting the operation of parts of Kijing Port terminal in Mempawah, West Kalimantan, by 2019. The international port will serve the province’s downstream sector, which includes crude palm oil and aluminum. PT Pelabuhan Indonesia (Pelindo) II official Dani Rusli Utama said that the […]
Read MoreThe Department of Finance (DOF) expects the economy to grow by between 6.5 percent and 7 percent this year, citing brisk domestic production, a healthy foreign exchange buffer, a strong banking system and a young and educated workforce. Finance Secretary Carlos Dominguez 3rd also allayed concerns over the impact of global financial shocks such as […]
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