Tags Posts tagged with "International Monetary Fund"

International Monetary Fund

Myanmar’s economy expected to grow 8.5% this fiscal year

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Myanmar's economy should grow 8.5 per cent during the current fiscal year, higher than earlier forecast thanks mainly to rising gas production and investment,...
Philippines seen to grow fastest among ASEAN-5

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The Philippine economy will likely grow the fastest among the ASEAN-5 nations in 2014 and 2015, the International Monetary Fund (IMF) said in a...
Dubai property investments surge 57% the first quarter of 2014

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Investment in Dubai’s real estate market totaled Dh35 billion ($9.54 billion) in the first quarter of 2014, up 57 per cent from the same...
Philippines listed among 10 ‘hot’ emerging countries

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The Philippines is among 10 new emerging economies, according to French credit rating agency Compagnie Francaise d’Assurance pour le Commerce Exterieur (COFACE), citing the...
Dubai property sector got a boost in 2013

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The year 2013 has been full of positivity for the Dubai property sector as it not only did experience jumps in prices, but also...
McDonald’s Enters Vietnam…Burger War Kicks Off!

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US fast food chain McDonald's this weekend will open its first restaurant in Vietnam by entering a new Southeast Asian country for the first...
Illicit money flows cost Philippines dearly

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A study by US-based anti-graft watchdog Global Financial Integrity (GFI) said a record high of $25.8 billion came into the Philippines illegally in 2011,...

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The expectation that the Expo 2020 held in Dubai will prompt around $6.5 billion worth of investment in infrastructure projects is boosting the entire...
Indonesia aims at 15% more foreign investment

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Indonesia on January 21 set an ambitious target of attracting 15 per cent more foreign investment in 2014 than in 2013, a challenging goal...
IMF positive on Myanmar’s growth outlook

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The International Monetary Fund (IMF) said Myanmar's economic outlook remains favourable and projected that real GDP growth will rise to about 7.8 per cent...
Indonesia investment expected to slow in 2014

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Indonesia expects investment to slow in 2014, as companies may hold off during an election year, providing less stimulus to an economy grappling with...
Myanmar received $34.2b in foreign investments

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Over the past 25 years, Myanmar received a total of $34.2 billion's actual foreign investment flow into the country, state media reported on January...
Indonesia’s jobless rate seen at 6% in 2014

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The unemployment rate in Indonesia is forecast to ease to 6.03 per cent in 2014 from 6.25 per cent in August 2013. The Indonesian...
IMF backs Malaysia’s subsidy cuts, GST

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The International Monetary Fund (IMF) has backed the Malaysian government's decision to cut subsidies this year and eventually introduce a goods and services tax...
Indonesia’s ore export ban to cost 100,000s of jobs

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Indonesia’s planned ban on mineral ore shipments in 2014 may cost hundreds of thousands of job losses in Southeast Asia’s largest economy, the Indonesian...
IMF urges Myanmar to focus on poverty reduction

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The International Monetary Fund (IMF) has urged Myanmar to "urgently prioritise" tackling widespread poverty. "As Myanmar opens up and expands, it needs the structural foundations...
Cambodia ranked most corrupt country in ASEAN

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Cambodia has been ranked Southeast Asia’s most corrupt country, surpassing Laos and Burma on Transparency International’s recently published corruption index 2013. Cambodia ranked 160...
IMF praises Cambodia’s robust economic growth

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Christine Lagarde, Managing Director of International Monetary Fund (IMF), on December 2 lauded Cambodia for its high economic growth and pledged continued support for...