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Thai revenue collection in first 8 months of fiscal 2010 up

BANGKOK, June 17 (Xinhua) -- Thailand\'s revenue collection during the first eight months for fiscal year 2010 stood at 957.33 billion baht (29.528 billion U.S. dollars), Satit Rangkasiri, Fiscal Policy Office (FPO) Director, said on Thursday. The figure was 26.1 percent year on year higher in light of improved consumption-base taxes and imported goods, the Thai News Agency (TNA) quoted Satit as saying. Also, the revenue collection was largely bolstered after 49.016 billion baht...

ECLAC forecasts slower economic growth in L. America, Caribb

BRASILIA, May 31 (Xinhua) -- The Economic Commission for Latin America and the Caribbean (ECLAC) on Monday forecast that the region\'s economic growth this year would remain below levels of the past five years. The instability of the international market was still significant and, even with the recovery in China, the region\'s main economic partner, the imbalance of the U.S. and European Union economies should affect Latin American countries, said ECLAC Deputy Executive Secretary Antonio...

New jobs data prove Australia\’s strengthening economy

By Vienna Ma CANBERRA, June 10 (Xinhua) -- Australia\'s latest job figures showing a drop in the unemployment rate to 5.2 percent was evidence of a strengthening economy that successfully avoided a recession, Australian federal Treasurer Wayne Swan said on Thursday. The unemployment rate fell to 5.2 percent in May, returning to a level seen last in January, as 36,400 workers gained full-time employment, new data released by the Australian Bureau of Statistics showed on Thursday. ...

UK jobless rate down slightly in quarter to April

LONDON, June 16 (Xinhua) -- The unemployment rate in Britain for the three months to April has declined by 0.1 percentage point to 7.9 percent comparing with the three months to March, the Office for National Statistics reported Wednesday. The office said the number of unemployed people in the country had increased by 23,000 in the three month to April over the previous quarter to 2.47 million, but was down slightly compared with the 2.51 million jobless in the three months to March. ...

Vietnam to target four major financial, fiscal tasks this ye

HANOI, June 14 (Xinhua) -- Vietnamese Minister of Finance Vu Van Ninh issued a document to ask authorities across the country to implement four major financial and fiscal tasks this year. According to a report from the Ministry of Finance on Monday, the first task is aimed at tightening state control over prices of coal and electricity and keeping them stable till the end of the year and closely monitoring prices of petroleum products and other input materials. The second task is that...

Japan\’s economy on moderate recovery track as overseas deman

TOKYO, June 16 (Xinhua) -- The Bank of Japan (BOJ) on Wednesday said that the nation\'s economy is showing further signs of recovery on the back of a continued upturn in exports and production as overseas demand increases. The central bank said in its monthly report on financial and economic developments that as economic circumstances continued to improve overseas, domestic production and export levels have increased commensurately to meet the demand. According to the report...

Economists forecast Australia to defy Europe\’s financial cha

Special Report: Global Financial Crisis CANBERRA, June 10 (Xinhua) -- Europe\'s debt crisis has thrown a spanner in the works of a global economic recovery, but an independent forecaster on Thursday predicted Australia should still strengthen this year. Access Economics said Australia sells more to emerging economies than to the \"rich world\", so 2010 should see the broader economy rebound further. This included the retail sector which, while having been restrained by rising...

Filipinos\’ consumer confidence promising: survey

MANILA, June 10 (Xinhua) -- Filipinos\' consumer confidence in the next 12 months improved significantly as the country proclaimed its new president Wednesday, a survey conducted by the local central bank showed on Thursday. Filipinos have favorable expectations over the fresh mandate which will be exercised by newly-elected national and local government officials, the Bangko Sentral ng Pilipinas (BSP) said. President-elect Benigno Aquino III will be sworn in on June 30 for a tenure...

Jordan\’s budget deficit stands at 43 mln USD in 1st four mon

AMMAN, June 9 (Xinhua) -- Jordan\'s budget deficit during the first four months of 2010 amounted to about 30.4 million Jordanian dinars (about 43 million U.S. dollars) compared to 325.8 million dinars the same period last year, official figures showed Wednesday. The kingdom\'s budget deficit without foreign assistance reached 134 million dinars during the January-April period compared to 370. 1 million dinars of the same period last year, according to the figures released by...

Thai central bank may revise up economic growth rate for 201

BANGKOK, June 9 (Xinhua) -- The Bank of Thailand\'s (BOT) Monetary Policy Committee (MPC) may revise up its gross domestic product (GDP) growth projection for 2010 during a meeting on June 14, committee member Praipol Khumsap said on Tuesday. It is possible the GDP rate could be lifted from the current 4. 3-5.8 percent to as much as six percent if there is no more political turmoil and the problems of public debt in Europe and Hungary have no impact on the global economy, the Bangkok...