Tags Posts tagged with "International Monetary Fund"

International Monetary Fund

Typhoon disaster huge setback for Philippine economy

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The massive typhoon that battered the Philippines on November 8 causing widespread destruction and chaos will set back for years what has been a...
Russia, Vietnam to double trade by 2015

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During Russia President Vladimir Putin's visit to Vietnam on November 12 all eyes were on Vietnam's decision whether it will join the Customs Union...
Drop rice subsidy scheme, IMF tells Thailand

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The International Monetary Fund (IMF) called on Thailand to scrap its pricy scheme to support rice farmers and scale back some other fiscal stimulus...
Interview with Tun Mahatir Mohamad

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"At times I feel to speak out", says Malaysia's ex-PM
ASEAN central banks to boost dollar holdings

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Southeast Asian central banks are rebuilding their foreign-currency reserves, raising the prospect they will boost holdings of US Treasuries for the first time since...
Cambodia cabinet approves $3.5b draft budget

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The new cabinet of Cambodia on October 25 approved a draft budget of $3.5 billion for 2014, which is a 13 per cent increase...
Vietnam opens state companies to foreign investors

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Vietnam's prime minister pledged to subject state-owned companies to competition and allow greater foreign ownership of banks as the government seeks to revive growth...
Laos inflation edges higher – 8% in reach

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The inflation rate in Laos reached 6.87 per cent in September, up from 6.83 per cent in August, according to a report issued by...
World Bank provides $20m to ease poverty in Laos

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The Lao government and the World Bank on October 10 signed a financing agreement over $20 million for the Ninth Poverty Reduction Support Operation...
Myanmar budget deficit seen at 5% for 2013-14

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Myanmar's budget deficit for 2013-14 could be as much as five per cent, according to the reports from World Bank's Branch Office in Yangon. Myanmar...
Indonesia seals $10b currency swap with South Korea

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Indonesia and South Korea on October 12 agreed to enter a bilateral, three-year currency swap deal worth up to $10 billion, which could help...
IMF sets Malaysia’s 2014 growth at 4.9%

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In a recent report on the world economy, the International Monetary Fund (IMF) gave its real growth projections — taking into account inflationary effects...
Malaysia, UAE boost ties in Islamic finance

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The central banks of Malaysia and the United Arab Emirates signed a pact to foster closer economic ties between the two countries, including in...
Growth forecast for Laos set at 8%

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The World Bank has forecast 8 per cent GDP growth for Laos in 2013, driven mainly by mining and hydropower projects, despite the country's...
Islamic Finance forum to kick off in Kuala Lumpur

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Malaysia's capital Kuala Lumpur will be the stage for the Islamic Finance news Asia Forum 2013 (IFN 2013) held on October 21 and 22...
Philippine growth forecast slightly cut by IMF

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The Philippines will lead growth in Southeast Asia through next year, the International Monetary Fund (IMF) said on October 8. In its latest World Economic...
Laos told to manage its debts

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Debt-ridden Laos has been told by the International Monetary Fund (IMF) to tighten its policies to avoid a "major economic crisis". An IMF mission...
Top official: Malaysians are ‘ungrateful’ for subsidies

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Malaysia is not facing an economic crisis and Malaysians were "ungrateful" for the current subsidies they receive from the government, Deputy Finance Minister Ahmad...