Gross Domestic Product

Gross Domestic Product

Gross Domestic Product is a section of Politics on investvine.com
Philippine GDP growth drops to three-year-low

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Economic growth in the Philippines slowed to six per cent during the second quarter of the year, the Philippine Statistics Authority said on August...
Brunei’s economy shows signs of recovery, but oil and gas remain only drivers

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Despite Brunei’s attempts to diversify its economy, only increases in oil and gas production in the first quarter of 2018 have boosted the country’s...
Tata Motors calls it quits in Thailand and moves production away

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India’s Tata Motors in a press release issued on August 1 said that it decided to stop manufacturing operations in Thailand citing viability issues...
Myanmar’s economic downturn hits aviation sector

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Three airlines in Myanmar suspended operations in the recent past, citing economic losses and a shortage of aircraft. Two of them, Yangon-based Air Bagan...
Credit watcher sees “overheating risk” for Philippine economy

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Despite sticking to its investment grade and stable outlook on the Philippines, US-based rating agency Fitch said the country’s economy was in danger of...
Philippines, Indonesia, Vietnam with highest consumer confidence in Southeast Asia

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The Philippines, Indonesia and Vietnam, just behind India, rank within the top four in the latest international consumer confidence survey compiled by US-based research...
Tourism in Laos doesn’t come into gear

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The government of Laos is set to revise its expectations for tourism arrivals this year after it has become unlikely that the country will...
Indonesia to set up new economic centers outside of heartland Java

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Indonesia will extend its portfolio of economic growth centers beyond the economic heartland of Java, national development planning minister Bambang Brodjonegoro said, adding that...
Investors, businesses losing confidence in Myanmar’s economy

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Impatient with the sluggishness of the economy, local and foreign investors are losing confidence in the Myanmar government’s economic policies, according to a June...
Manufacturing business surges in Vietnam

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Manufacturing activity in Vietnam improved to one of the largest extents since the survey began in March 2011, Nikkei Asian Review reported. The Nikkei...
Vietnam posts strong GDP growth, boosts investment abroad

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Vietnam's economy continues to show strength with an impressive 7.08 per cent growth in the first half of 2018, the highest rate since 2011....
Malaysia’s PM suggests review of Trans-Pacific Partnership

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Malaysian Prime Minister Mahathir Mohamad called for a review of the Trans-Pacific Partnership (TPP) trade agreement in an interview with Japan's Nikkei Asian Review...
Thai junta hikes security and defense budget by 20% to $10 billion

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The Thai junta unveiled a new $10-billion defense and security budget for the 2019 fiscal year on June 7 in what Prime Minister Prayut...
Malaysia: Zero-sales tax paradise for just three months

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After effectively scrapping the unpopular six-per cent goods and services tax (GST) on June 1, Malaysia’s new government will re-introduce a refined sales and...
Malaysia set to scrap showcase infrastructure projects

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The new Malaysian government under Prime Minister Mahathir Mohamad is looking for ways to get out of obligations to pay for multi-billion dollar infrastructure...
Malaysian taxpayers paid over $1.7 billion for 1MDB debt so far

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Malaysia’s finance ministry has used a total of 6.98 billion ringgit ($1.76 billion) in tax money since April 2017 to pay back accumulated debt of state...
Malaysia’s new government to scrap GST by June 1

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Malaysia's finance ministry on May 16 announced that the unpopular Goods and Services Tax (GST) of six per cent will be discontinued from June...
More warnings on “overheating” Philippines economy

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Another warning has been aired that the Philippine economy, one of the fastest-growing in Asia, is in risk of overheating – just shortly after...