ADB revises down Laos’ economic growth outlook World

ADB revises down Laos’ economic growth outlook

Laos’ economic growth will be moderate in 2019 and 2020, projected to be at 6.2 percent, slightly lower than April forecast of 6.5 percent, according to a new Asian Development Bank (ADB) report.
Exchange rate to be stable in 2019 Business

Exchange rate to be stable in 2019

The Vietnamese Dong would remain stable against the US dollar in the near future, supported by the country’s robust foreign direct investment (FDI), a healthy current account surplus, and by the central bank’s active intervention, experts forecast.
Laos’ economic growth outlook stable for 2019, 2020 World

Laos’ economic growth outlook stable for 2019, 2020

Economic growth in Laos is expected to remain stable in 2019 and 2020 – backed by the expansion of the agriculture, energy, industry, and service sectors – according to the Vientiane Times’ quoting of the latest report of the Asian Development Bank (ADB) on April 4.
RoK revises up economic growth forecast to 3 percent World

RoK revises up economic growth forecast to 3 percent

The Republic of Korea (RoK)’s government on July 25 raised the country’s economic growth forecast by 0.4 percent to 3 percent as Asia’s fourth largest economy has been enjoying increased exports led by the global economic recovery, Yonhap News Agency reported.
World

Indonesia economy still facing challenges: WB

Senior World Bank (WB) economist Jim Brumby has predicted that the Indonesian economic growth will slow to 5.3 percent this year as it still faces a number of challenges involving uncertain investment levels, high interest rates and declining export.