Search results
Results From The WOW.Com Content Network
The IMT-GT is a strategic framework of international economic co-operation by the approval of leaders from the 3 countries to develop the area in the southern part of Thailand, some areas of Malaysia (Kedah, Perlis, Perak, Penang, Selangor, Kelantan, Melaka, Negeri Sembilan) and some areas of Indonesia (Aceh, North Sumatera, West Sumatera, Riau ...
The Tiger Cub Economies are so named because they attempt to follow the same export-driven model of technology and economic development already achieved by the rich, high-tech, industrialized, and developed countries of South Korea, Singapore, and Taiwan, along with the wealthy financial center of Hong Kong, which are all collectively referred to as the Four Asian Tigers.
At the same time, the regional economies of Thailand, Malaysia, Indonesia, Singapore and South Korea experienced high growth rates, of 8–12% GDP, in the late 1980s and early 1990s. This achievement was widely acclaimed by financial institutions including IMF and World Bank , and was known as part of the " Asian economic miracle ".
Among ASEAN member countries, Indonesia was China's fourth-largest trading partner, which, according to data as of May 2010 from the Ministry of Commerce of the People's Republic of China, amounted to US$12.4 billion, after Malaysia (US$22.2 billion), Singapore (US$17.9 billion) and Thailand (US$15.7 billion). [125]
Cooperative loans in Malaysia (commonly known in the Malay language as Pinjaman Koperasi) are credit services offered by cooperatives registered under the Cooperative Commission of Malaysia (SKM) to their members who work as civil servants. [1] [2] [3] It is part of the shadow banking system in Malaysia. [4]
The agency was created in 2011 under the Law No. 21 of 2011 as an independent institution responsible for regulating and supervising Indonesia’s financial sector. [4] It was created to replace the financial oversight functions previously held by Bank Indonesia (BI) and the Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK), ensuring a more integrated and comprehensive ...
Javanese elements are incorporated from the variant of Malay used in Indonesia due to the influence of the Indonesian media. While it is based on Malay, Indonesian has been strongly influenced by Javanese, as the Javanese are the largest ethnic group in Indonesia. Dutch influence over Indonesian vocabulary is highly significant, as Malay was ...
The concept of “ASEAN Trade Area” refers to a harmonizing custom union with internal free trade and external tariffs bound to ASEAN goods among member countries (Indonesia, Malaysia, Thailand, the Philippines, Singapore, Brunei). [15] 1991. ASEAN started to liberalise trade by employing the CEPT concept, yet avoiding the word “free trade ...