MANILA, Philippines – The proportion of the country’s debt to gross domestic product (GDP) further declined to 41.87 percent as of end-March from 43.56 percent a year ago due to fiscal reforms initiated by the government, according to the Department of Finance (DOF). The latest figure was also an improvement from the 42.06 percent debt-to-GDP […]
Read MoreMANILA, Philippines – Eight companies from the Philippines are among the world’s best and largest public companies. This is according to this year’s Forbes Global 2000 list, a yearly ranking of companies around the world based on their sales, profit, assets and market value. The Sy family’s SM Investments Corp. tops the list of Philippine […]
Read MoreSINGAPORE: Singapore’s government gave an upbeat outlook on the economy, saying it will probably expand more than 2% this year as exports continue to strengthen. The Trade and Industry Ministry maintained its GDP growth forecast for 2017 at 1% to 3%, but said the economy will likely grow faster than the 2% expansion in 2016, […]
Read MoreKUALA LUMPUR: Malaysia Airlines continued to see strong bookings after a tough Q1 FY17 with a 45% improvement in forward bookings for the next six months from June to November 2017 compared with a year ago. Announcing the results of its performance, the national carrier said on Friday it was maintaining its cautious outlook for […]
Read MoreLaos and Thailand have agreed to cooperate on business development to promote trade and investment in order to boost economic efficiency and relations between the two countries. The government and business sectors of the two countries yesterday signed eight Memorandums of Understanding (MoU) in Vientiane at the Laos-Thai Business Forum. The first MoU is to […]
Read MoreA tanintharyi development committee, operating under the tourism ministry and chaired by local tycoon Serge Pun, is seeking assistance from the International Finance Corporation (IFC) for the upgrade of infrastructure in Myeik archipelago to boost sustainable tourism, a committee member told The Myanmar Times. The Myeik archipelago is made up of a cluster of more than […]
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