Prime Minister Pham Minh Chinh on September 28 suggested the US-based global growth investor Warburg Pincus to further its effective coordination with Vietnamese agencies to increase long-term and sustainable investment in the Southeast Asian nation.
Bank Negara Malaysia (BNM) on February 4 forecast that the Malaysian economy will expand between 5.5 percent and 6.5 percent this year, underpinned by continued expansion in global demand and higher expenditure in private sector.
Cambodian Prime Minister Samdech Techo Hun Sen has said that strengthening globalisation and multilateral trade are crucial to supporting global economic growth and reducing poverty.
Vietnam’s economy remains positive despite the slowdown in global economic growth, especially in Asia, over the last 11 months, Prime Minister Nguyen Xuan Phuc said while chairing the Government’s regular meeting for November on December 2.
Prime Minister Nguyen Xuan Phuc on September 12 received Alex Dimitrief, President and CEO of General Electric Company (GE)’s Global Growth Organisation, on the sidelines of the World Economic Forum on ASEAN (WEF ASEAN) 2018 in Hanoi.
Growth in the ASEAN-5 group of economies is expected to stabilise at around 5.3 percent this year as domestic demand remains healthy and exports continue to recover.
The Ministry of Trade and Industry (MTI) of Singapore said on November 23 that it decided to adjust the country’s economic forecast this year to 3-3.5 percent from an earlier prediction of 2-3 percent.
Singapore has lowered its economic growth forecast for 2016 to between 1-2 percent, down from the initial range of 1-3 percent, the Singaporean Ministry of Trade and Industry (MTI) said on August 11.
Politics
