MANILA, Philippines – The Bureau of Customs (BOC) collected P39.34 billion in May, exceeding the P38.28-billion target for the month, the Department of Finance (DOF) said yesterday. Citing Customs Commissioner Nicanor Faeldon’s report to Finance Secretary Carlos Dominguez, the DOF said the bureau’s collection in May rose by 23.52 percent from the P31.85 billion recorded […]
Read MoreMANILA, Philippines – The country’s trade deficit narrowed by 20.5 percent in April on double-digit growth in exports to East Asia and the European Union (EU) , the National Economic and Development Authority (NEDA) said yesterday. Total trade in goods in April rose by 4.6 percent to $11.663 billion from $11.149 billion last year, data […]
Read MoreMANILA, Philippines – Filipino consumers are more optimistic, with the confidence index soaring to a record high in the second quarter, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Rosabel Guerrero, director at the BSP’s Department of Economic Statistics (DES), said results of the second quarter Consumer Expectation Survey (CES) showed the consumer confidence index […]
Read MoreA SHARP decline in the British pound following the results of the UK election yesterday will impact a number of Malaysian companies that are in the property development, utility and casino operation sectors. Yesterday, the UK election results delivered a hung parliament, where no party gained a clear majority. This would essentially mean that the […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose on Friday, charting its first gain in four sessions, tracking strength in rival oilseed soy. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange rose 0.5 percent at 2,457 ringgit ($576.29) a tonne at the close of trade, its strongest daily gain in a week. Palm however was […]
Read MoreTHE EXPORT-IMPORT Bank of Thailand plans to open two more representative offices in Laos and Cambodia at the end of this year and early next year to double loans for Thai investors expanding into Indochina. Vietnam is the next step, president Pisit Serewiwattana said after the opening of Exim Bank’s first rep office in Yangon […]
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