MANILA — The Asian Development Bank raised its 2017 and 2018 growth forecasts for the region, reflecting rising exports as manufacturers of smartphones to cars to other consumer goods benefited from improving global demand. Developing Asia – made up of 45 countries in the Asia-Pacific region – is expected to grow 5.9% and 5.8% this […]
Read MoreSINGAPORE’S economy grew 2.5 per cent compared to a year ago in the second quarter of 2017, based on advance estimates of gross domestic product (GDP) released by the Ministry of Trade and Industry (MTI) on Friday. The latest print was lower than market consensus and was the same pace of growth clocked in the […]
Read MoreASIA Inc Forum and its major partner Baiduri Bank will convene the 2017 Brunei Local Business Development (LBD) Programme at the Radisson Hotel with an LBD Forum on Finding Opportunity in Challenging Times on September 27 and an LBD Workshop on Lean Startup Principles on September 28. According to a press release, the LBD Forum […]
Read MoreA draft five-year strategy for promoting safe and environment-friendly agriculture products in the Greater Mekong Subregion (GMS) that would enhance regional food safety and promote trade is expected to be finalised today, according to the Asian Development Bank. “The five-year Regional Strategy and Action Plan (2018-2022) for Promoting Safe and Environmentally-Friendly Agro-based Value Chains focuses on […]
Read MoreHCM CITY — Vietnamese private rice exporters will be allowed to participate in the bidding for the supply contract of 250,000 tonnes of rice to Philippines on July 25. The announcement was made by the Vietnam Food Association (VFA) while raising concerns over strict regulations for the participants. According to the VFA, it is the first time that the Philippines’ National […]
Read MoreMANILA, Philippines – Foreign portfolio investments or hot money made a recovery in June, but total investments remain in the red for most of the first half, based on a report released yesterday by the Bangko Sentral ng Pilipinas (BSP). Foreign portfolio investments showed a net inflow of $79.56 million in June, reversing a net […]
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