Philippines: Record-low debt level in 6 years Tuesday, 16 August 2016 – Despite plans for a higher budget deficit, the national government’s debt pile is projected to fall to record-low levels by the end of the Duterte administration, officials said yesterday. “This is because the growth rate of our economy will be much faster than […]
Read MoreMyanmar: Ministry relaxes import rules for over 250 items Tuesday, 16 August 2016 – The Ministry of Commerce has published a list of 267 items that can be imported from September without a licence, in the new government’s first step toward liberalising permit requirements. The move builds on liberalisation by the last government, which had […]
Read MoreMalaysia: Malaysia?s textile, apparel exports jump to RM6.99bil in H1 Tuesday, 16 August 2016 – Malaysia?s textile and apparel exports rose 10% to RM6.99bil in the first half (H1) of 2016 from RM6.33bil a year ago, Deputy International Trade and Industry Minister Datuk Ahmad Maslan said. He said the surge was driven by increasing global […]
Read MoreThailand: Land prices expected to drop when new tax law enters force next year Tuesday, August 16, 2016 – LAND PRICES will drop by as much as 10 per cent next year after the land and building tax becomes effective, Pruksa Real Estate chief executive officer Thongma Vijitpongpun has forecast. “Most landlords who hold land […]
Read MoreIndonesia: Trade Balance Sees Surplus at US$590mn, Rupiah Expected to Bounce TUESDAY, 16 AUGUST, 2016 – Indonesian Trade Balance sees surplus at US$590 million has received positive revise from foreign exchange despite having a surge in export and import sector, rupiah has bounced back at 13,098 per US Dollar. Research Head of NH Korindo Securities, […]
Read MoreCambodia: Cambodia Asks East Timor to Import Rice, Sugar Cambodia is seeking to export milled rice and sugar to East Timor, according to the Ministry of Commerce, with experts saying it will expand markets for the Kingdom?s agricultural products. Minister of Commerce Pan Sorasak on Friday asked East Timor?s Ambassador to Cambodia Felicidade de Sousa […]
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