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Indonesia relaxes import regulations for 6 commodities

Trade Minister Enggartiasto Lukita said on Wednesday he had signed six regulation drafts to relax import procedures and requirements for six types of commodities in a bid to help small and medium enterprises (SMEs) procure raw materials. The drafts will be passed to the Law and Human Rights Ministry for validation and are expected to be applicable early next […]

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Philippines: Balance of payments deficit narrows in Nov

The country’s November balance of payments (BoP) position was a deficit of $44 million, the Bangko Sentral ng Pilipinas (BSP) reported late on Tuesday, smaller than the $368-million and $1.67-billion shortfalls recorded in October and a year earlier. “Outflows in November 2017 stemmed mainly from payments made by the national government for its maturing foreign […]

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