Fiscal policy
High demand for Indonesia’s $4b bonds
Indonesia has successfully sold its largest US dollar bond since the Asian financial crisis in 1998, $4 billion of 10- and thirty-year dollar-denominated bonds...
Vietnam’s public debt may reach 95% of GDP
If counting on the state owned enterprises’ (SOEs) loans not guaranteed by the government, the total public debt of Vietnam would be 95 percent...
Drop rice subsidy scheme, IMF tells Thailand
The International Monetary Fund (IMF) called on Thailand to scrap its pricy scheme to support rice farmers and scale back some other fiscal stimulus...
Vietnam government struggles with overspending
Vietnam's Prime Minister Nguyen Tan Dung told a National Assembly session opening on October 21 that state budget overspending this year would likely be...
Thailand to raise $21b through government bonds
The Thai government plans to raise more than 700 billion baht ($21 billion) in 2014, mainly by issuing bonds, Chularat Suteethorn, director-general of the...
Japan’s debt reaches 1,000,000,000,000,000 yen
On August 9, Japan's government announced a new world record: The country's national debt has reached 1,008,600,000,000,000 yen, or more than 1 quadrillion yen,...
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Thai AirAsia X files for bankruptcy protection
Thai AirAsia X, the long-haul division of the Thai unit of Malaysian budget airline AirAsia Group, has become the third airline in Thailand to...
Stories of the week
Laos starts operations at newly discovered gold mine
A newly discovered underground gold mine in Laos that has just begun operations is expected to significantly bolster mineral production in the country and...