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Gross domestic product

World Bank cuts 2013, 2014 Philippine growth estimates

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The World Bank has lowered its growth forecasts for the Philippines for 2013 and 2014 following the typhoon Haiyan disaster. But the bank added...
Malaysia’s GDP could grow by 5.3% in 2014

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Malaysia's economy is expected to expand 5.3 per cent in 2014 from an estimated 4.7 per cent this year, Standard Chartered said on December...
Vietnam’s public debt may reach 95% of GDP

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If counting on the state owned enterprises’ (SOEs) loans not guaranteed by the government, the total public debt of Vietnam would be 95 percent...
Sixteen countries issue travel warnings for Thailand

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As much as 16 countries have issued warnings that their citizens visiting Thailand should avoid areas near the anti-government rallies in Bangkok. The latest...
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...
Philippine’s third quarter GDP growth hit by disasters

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The Philippine economy may have grown slower in the third quarter of 2013 because of the monsoon and typhoon shocks as well as the...
Indonesia to ease curbs on foreign investment

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The Indonesian government said on November 6 it will allow foreign investment in airports and ports as the government seeks to revitalise an economy...
Myanmar posts 6.5% growth in fiscal year 2012

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Myanmar's gross domestic product grew an estimated 6.5 per cent in the fiscal year 2012/13 that ended March 31. the World Bank said. In addition...
Laos government to cut ‘lavish spending’

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The government of Laos has instructed state agencies to formulate comprehensive belt-tightening measures against “lavish” practices to in a move to cut public spending,...
ASEAN economies’ GDPs remain robust, backed by services

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ASEAN economies remained buoyant as nominal GDP grew by 5.7 per cent to $2.31 trillion in 2012, a statement released by the ASEAN Secretariat...
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...
World Bank cuts Thailand’s growth forecast to 4%

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The World Bank has reduced its economic growth projection for Thailand from 5 per cent to 4 per cent in 2013 given the slower-than-expected...
Indonesia’s economy gets some relief

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Indonesia on October 1 reported a surprise trade surplus for August 2013, its first in five months, offering some relief to the ailing rupiah,...
Thailand’s current account turns positive

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Thailand's current account returned to positive territory in August 2013 for the first time in four months, erasing a deficit that had worried investors...
Thai parliament passes $64 billion infrastructure bill

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Thailand's parliament on September 20 approved a bill to borrow 2 trillion baht, or $64 billion, to finance seven-year infrastructure projects aimed at sustaining...
Philippines posts strong current account surplus

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The Philippines' current account yielded a surplus of $2.5 billion, equivalent to 3.6 per cent of GDP, in the second quarter compared to a...
HSBC slashes Thailand’s growth outlook

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Banking giant HSBC has cut its expansion forecasts for Thailand to 2.8 per cent this year and 4.4 per cent in 2014 after sluggish...
Vietnam anticipates $2,300 GDP per capita in 2015

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The Vietnamese Ministry of Planning and Investment is forecasting an annual economic growth rate of 6.2 per cent in 2014 and 2015 that will...