|Motorists lines up for fuel at a gas station in Gombak, outside Kuala Lumpur, Malaysia, 01 October 2014. EPA/AZHAR RAHIM|
KUALA LUMPUR (AFP) - Malaysia trimmed its 2015 growth forecast January 20 and said its fiscal deficit would be wider than expected after the sharp fall in global oil prices threw a wrench in the petroleum-exporting nation's economic plans.
|France and Singapore have joined hands to try to prevent tax evaders from hiding their assets in the Asian financial hub. French Finance Minister Michel Sapin attends a financial conference at EU commission headquarters in Brussels, Belgium, November 6, 2014. Photo: Olivier Hoslet/EPA|
SINGAPORE (AFP) - France lauded Singapore for entering into a new pact that tightens measures against foreign tax cheats seeking to hide their assets in the Asian financial hub.
|Aerial view of Taipei 101, formerly known as the Taipei World Financial Center,Credit EPA|
Myanmar tops the list of markets identified by the Taiwan External Trade Development Council (TAITRA), the island’s semi-official trade promotion body, as holding the largest potential for growth.
|Farmers work in a maize field near Nay Pyi Taw, May 27, 2013. Myanmar's main industry is agriculture, with over 60 percent of the population living in rural areas. Photo: Lynn Bo Bo/EPA|
Developing Myanmar’s agricultural sector to encompass food processing and other related services could modernise and boost the country’s economy, enabling it to produce higher-value goods for export, according to a new OECD report released January 14.
|People walk past a building in downtown Yangon where Myanmar's government hopes to locate the country's first stock exchange, on January 14, 2014. Photo: Soe Than Win/AFP|
YANGON (AFP) - Myanmar's deputy finance minister has said the country will launch its first official stock exchange by October, as the emerging economy takes another step towards opening up after decades of isolation.
|Global Growth Infographics: World Bank|
WASHINGTON (AFP) - The World Bank on January 13 predicted a pick-up in economic growth for developing countries, spurred by falling oil prices and despite a slight slowdown in global engine China.