Indonesia GDP Growth – Better than Expected in the Third Quarter, but Dark Clouds Ahead Indonesia’s economy experienced 5.17% year-on-year growth in the third quarter, according to Statistics Indonesia. This is above estimates by agencies such as Reuters. However, economists foresee the growth rate weakening further due...
Indonesia Singapore-Indonesia Bilateral Leaders’ Retreat – Seven Agreements Signed Singaporean and Indonesian leaders signed seven wide ranging agreements during a Bilateral Leaders’ Retreat on 10-11 October. In particular, the bilateral investment treaty aims to protect investors’ interests and reinforce economic ties, while the US$10 billion currency...
Simon Tay For The Business Times PEOPLE now perceive Myanmar very differently compared to just two years ago. In 2016, there was euphoria after the iconic Aung San Suu Kyi's National League for Democracy swept the elections. Myanmar's economic opening, begun under the previous military-backed government, brought...
Country continues to offer tremendous investment opportunities and growth For immediate release SIIA-SGX Myanmar Investment Forum Wednesday, 5 September 2018: Myanmar must be more transparent with the international community, said a leading independent think tank at an investment forum at the Singapore Exchange (SGX). Associate Professor Simon Tay, Chairman...
The National League for Democracy government has ushered in a new Myanmar defined by strong growth fundamentals and a renewed commitment to openness. However, recent spikes in ethnic tensions and the lack of a clear economic policy has created a climate of financial uncertainty, and...
By Simon Tay and Andrea Lee For The Straits Times It seems so long ago that people talked about Myanmar in terms of the triumph of democracy and a “frontier economy” of golden promise. Current headlines about the country instead focus overwhelmingly on a single issue, and...
SIIA Chairman Simon Tay was quoted by the Myanmar Times in a list of ten quotes on the country's economy, from Myanmar's ministers, regional business leaders, and other influential figures. Clock is ticking for real economic progress Last June, Simon Tay, chairman of the Singapore Institute of...
By Simon Tay and Cheryl Tan City-state seeks cooperation boost despite differences over Trump, China and Myanmar refugees Singapore is settling into its one-year rotating chairmanship of the Association of Southeast Asian Nations at a time when the region's economic growth is outperforming the world. But the...
January 2018 | I visited Myanmar from 9 to 16 December 2017, meeting with key officials in the government as well as a number of the leading businesses. This is the most challenging time for Myanmar since the opening began in 2011. There are strong international...
SIIA chairman Simon Tay was in Yangon on 10-12 December 2017 as Vice-chair of the Asia Pacific Water Forum. The Forum held its Summit, co-hosted by the Myanmar government, with State Counsellor Aung San Suu Kyi as the opening speaker. Other Myanmar speakers include Vice-President...