Although external commodity price shocks and the declining value of the rupiah are the macro-economic trends dominating headlines about the Indonesian economy, some foreign investors still view labour policy and rising wages as greater challenges.
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For those interested in doing business in the Philippines, The Guide offers helpful information, including suggested hotels, phone numbers for key contacts, and facts for visitors. This section also contains a sights and sounds feature on the island province of Coron, a premier destination for tourists.
While other countries in the region may have been taking the spotlight as top performers, the Philippines has been recording steady and continuous growth. Indeed, the country has not had a serious annual drop in GDP since 1985. Going forward, expectations are positive. While the IMF has been reducing growth forecasts in the region, the organisation’s 2014 prediction for the Philippines is staying...
Chapter | Country Profile from The Report: Philippines 2014
With a complex history marked by successive waves of migration and periods of colonisation and occupation, the Philippines is home to a host of ethnicities and languages across its roughly 1000 inhabited islands. It is the 12th-most populous country in the world, with a population expected to reach 99.43m by 2014, according to the IMF. The Philippines has plentiful natural resources. An estimated...
Economic update | Malaysia plans for new taxes
11 Dec 2013
Preparations in Malaysia are well under way for the rolling out of a new goods and services tax (GST) in April 2015, but opinions differ on how effective the levy will be in boosting revenue and critics have voiced concern that the tax could feed inflation.
With wide-ranging reforms set to improve the transparency of Myanmar’s public finances, the government is expected to launch a drive aimed at bringing businesses into the mainstream economy.