Indonesia: May 2018 Bank Indonesia meeting
HIGHLIGHTS May 2018 Bank Indonesia meeting Bank Indonesia (BI) raised its 7-day Reverse Repo Rate by 25bp to 4.50% and left the door open for further policy rate adjustments. The rate hike cycles in
HIGHLIGHTS May 2018 Bank Indonesia meeting Bank Indonesia (BI) raised its 7-day Reverse Repo Rate by 25bp to 4.50% and left the door open for further policy rate adjustments. The rate hike cycles in
Photo credit: Economy Watch Economy, Investment and Trade Myanmar’s economy to improve in 2018 (19 May 2018) The World Bank has projected Myanmar’s economy to increase to 6.7 percent in 2018 reflecting the administration’s
HIGHLIGHTS First election promise delivered as GST struck down The government will reduce the GST from 6% to 0% effective 1 Jun 2018. Sparse details on budget-balancing measures may spook markets as we estimate
Photo Credit: AP Economy, Investment and Trade New Malaysian government will review agreements with China (2 May 2018) Chinese investments are trending in Indonesia as the country has received large investments from firms
HIGHLIGHTS 1Q18 GDP and current account Malaysia’s economy expanded by 5.4% yoy in 1Q18 (+5.9% yoy in 4Q17), on the back of weaker growth in government consumption and investments. The policy environment has altered
Photo credit: Frontier Myanmar Economy, Investment and Trade Myanmar allows foreign firms to invest in wholesale and retail trade (14 May 2018) Myanmar’s Ministry of Commerce will open its wholesale and retail trading sector
Tan Sri Dr. Munir Majid co-chaired the Commonwealth CEOs Forum session at the Commonwealth Business Forum Tan Sri Dr. Munir Majid, Chairman of CARI, co-chaired the Commonwealth CEOs Forum, held in conjunction of
HIGHLIGHTS April 2018 CPI inflation Headline inflation was stable at 3.4% yoy in April, a tad above our expectation but lower than market consensus. The stable reading was aided by balancing forces between volatile
HIGHLIGHTS 1Q18 direct investments Direct investments (DI) rose 10.5% yoy to US$13.8bn in 1Q18, led by FDI (+11.5% yoy to US$8.1bn) and followed by DDI (+9.1% yoy to US$5.6bn). The key growth driver was
Photo credit: The Myanmar Times Economy, Investment and Trade MADB to enable more farmers to receive funds by revising its group-based lending system (1 May 2018) Moving away from the current group-based lending system,