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Philippines: Inflation likely to pick up in Q4

MANILA, Philippines — Inflation may accelerate in the fourth quarter, averaging 3.5 percent due to the continued weakening of the peso and rising oil prices, according to Deutsche Bank. In a report, Deutsche Bank chief economist Michael Spencer said headline inflation would average 3.5 percent in the fourth quarter. Deutsche Bank, likewise, expects inflation to […]

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India health sector aims to bring in Cambodian patients

Indian companies in the pharmaceutical and health care sector are seeking to enhance their footprint in the Kingdom by extending beyond pharmaceutical trade through state financing that could establish a direct link to bring Cambodian medical tourists to the subcontinent. Speaking on the sidelines of the Advantage Healthcare India 2017 – a summit for medical […]

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Thailand: Somkid requests low-income job training funding

The government is committed to allocating a higher budget to support low-income earners next year, especially through training programmes to help them improve their employability. Deputy Prime Minister Somkid Jatusripitak said he has asked the Finance Ministry to allocate a bigger budget in fiscal 2018 to finance training programmes dedicated to helping low-income earners learn […]

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Foreign telcos mull entry into Philippines

MANILA, Philippines — Foreign telco players are interested in penetrating the Philippine market, which at present remains dominated by only two – Manuel V. Pangilinan’s PLDT Inc. and Ayala-led Globe Telecom. Australia’s Telstra Corp. Ltd. and China Telecommunications are among the companies reportedly eyeing the Philippine market, several industry and government sources told The STAR over the […]

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Trade Expo Indonesia 2017 Saw USD1.268bn in Transactions

TEMPO.CO, Jakarta – The Trade Expo Indonesia 2017 that was held on October 11-15 saw USD1.268 billion in transactions or equal to Rp16.86 trillion. Trade Minister Enggartiasto Lukita said that the figure represents a 24.3 percent increase compared to the last year’s edition. “Our target was USD1.1 billion,” Lukita said yesterday in his closing address at TEI […]

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