Asia Economy

Tax exemptions and other incentives are set to spearhead Thailand’s efforts to boost foreign direct investment (FDI) in targeted areas of the economy.

Buoyed by a phased $1.5bn funding pledge from the IMF, Sri Lanka has its sights set on building economic momentum and improving investor sentiment in the coming months.

A stronger-than-expected performance in the first quarter has prompted analysts to revise their year-end growth forecasts for the Thai economy, though some remained cautious in the face of ongoing challenges both at home and abroad.

Thanks to close historical ties and geographic proximity, Sri Lanka stands to benefit from efforts to strengthen economic cooperation with India. 

Infrastructure was a major beneficiary in Brunei Darussalam’s budget for FY 2016/17, alongside other key segments of the economy expected to steer the country toward more robust growth.

Efforts to stimulate growth in the Indonesian economy took a key step forward in February, with the introduction of new measures aimed at increasing foreign direct investment (FDI) and supporting the country’s small and medium-sized enterprises (SMEs).