IMF raises China 2017 growth forecast due to its progress in economic reform

Thursday, 12th of October 2017

NEW YORK — The International Monetary Fund (IMF)'s move to raise its forecast for China's economic growth to 6.8 percent reflects the country's recent progress in trimming financial risks and deepening economic reform, US experts have said.

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Government sees food, development as keys to reducing migration

Tuesday, 10th of October 2017

HTOO THANT 18 OCT 2017 (mmtimes) - The government will invest more in food security and rural development as a key strategy to reduce migration of young people in the villages, Vice President U Henry Van Thio said on Monday.

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Golden season for service industry

Thursday, 5th of October 2017

Zhong Nan and Wang Yu 30 SEP 2017 (China Daily) - China's service outsourcing business will see its golden season in the coming decade with more policy support and further upgrades to the nation's industrial portfolio, a senior commerce official said.

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China sets goals for green agriculture

Tuesday, 3th of October 2017

BEIJING -- China on Saturday released guidelines on green development in agriculture, setting goals for resource conservation and environmental protection.

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Myanmar to raise rank on World Bank index in 3 years

Friday, 29th of September 2017

CHAN MYA HTWE 24 JUL 2017 (mmtimes) - Myanmar will aim to increase its ranking on the World Bank’s ease of doing business index from 170 currently to less than 100 within the next 3 years, Vice President U Myint Swe said on July 20.

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Consumer price index up 0.86% in September y-o-y

Wednesday, 27th of September 2017

REUTERS 2 OCT 2017 (Bangkokpost)- The annual headline consumer price index rose for a third straight month in September, government data showed on Monday, beating forecasts but still below the central bank's target, giving it room to keep monetary policy loose to aid growth.

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Rakhine violence not expected to affect economy or FDI

Sunday, 24th of September 2017

SU PHYO WIN 14 SEP 2017 - Concerns that the ongoing violence in Rakhine State could result in capital outflows and economic sanctions are rising in the investor and business community. At the 2017 Myanmar Global Investment Forum in Nay Pyi Taw on September 12, U Aung Naing Oo, secretary of the Myanmar Investment Commission, said he is not expecting any negative impact on the country’s economy as a result of the unrest.

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August exports jump 13.2% y-o-y in Thailand

Thursday, 21st of September 2017

REUTERS - Customs-cleared annual exports rose for a sixth straight month in August, far better than expected and the fastest growth in 55 months, as demand from major markets increased.

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China just built the world's biggest floating solar project

Sunday, 17th of September 2017

MARIA GALLUCCI 08 JUNE 2017 - China has installed a massive field of solar panels on a particularly poignant site: a lake formed by the collapse of abandoned coal mines.

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Myanmar tea in demand at China-ASEAN Expo

Friday, 17th of September 2017

EI SHWE PHYU (mmtimes) - Myanmar teas have been on high demand at the 14th China-ASEAN expo (CAEXPO), according to tea merchants. “Demand is very high and we already sold many. I think everything will be sold out on the last day. I hope for the best,” said Ko Wai Phyo Maung, manager of the Tea Art Company Ltd at the CAEXPO in Nanning, South China, which is held from September 12 to 15.

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Zuma show of support lifts South Africa's renewable energy industry

Tuesday, 14 February 2017

JOHANNESBURG Feb 10 (Reuters) - South Africa's main renewable energy industry body said on Friday it was confident the country's renewable power programme would soon be back up to speed, after President Jacob Zuma showed support for the sector in his state of the nation speech.

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Vietnamese economy will grow 5.1% a year till 2050

Thursday, 09 February 2017

A report by the prestigious global accounting firm of PricewaterhouseCooper (PWC) predicts continued economic growth for Viet Nam until 2050 period, with annual GDP increase of on average 5.1 per cent, making it one the world’s most rapidly progressing countries.

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Mozambique inks US$6 million contract-programme with Japan on professional training

Tuesday, 07 February 2017

The Mozambican Ministry of Labour and Social Security and the Japanese International Cooperation Agency (JICA) signed in Maputo on Monday a contract-programme to implement a Project to Improve the Model of Professional Training in Mozambique.

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Vietnam stocks could hit a 10-year high in 2017: Analysts

Thursday, 02 February 2017

Vietnam stock analysts say the benchmark index will jump to a 10-year high this year as a strengthening economy, sales of stakes in state-owned enterprises and growing company listings continue to lure investors to one of Asia’s hottest markets.

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IFAD will grant US$25 million to support agriculture in Mozambique

Wednesday, 01 February 2017

The International Fund for Agricultural Development (IFAD) will grant the Mozambican government US$25 million this year to support small farmers in the country in an initiative designed to reaffirm IFAD’s support for more than 2.1 million rural families in Mozambique.

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