Credit growth in Indonesia continues to moderate, rising only 15% YoY in July, vs 17.2% YoY in June, and significantly below the 20-25% consistent levels recorded over the last decade. This indicates that central bank (BI) tightening and administrative measures are taking effect, although it continues to keep interest rates steady at 7.5%.19 Sep
04 Sep 2014
The Philippines faces a major challenge as its port congestion jeopardises GDP growth. It must resolve this or risk damaging its new-found popularity with investors.