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Philippines: Exporters urge reforms to hit $100-B target early

MANILA, Philippines – Exporters are calling on both the public and private sector to implement reforms necessary to help boost exports as they set their sights on achieving an ambitious $100-billion revenue target over the medium term. Philippine Exporters Confederation Inc. (Philexport) president Sergio Ortiz-Luis Jr. said there is a need for sustained efforts on […]

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Philippines, Singapore push open banking system

MANILA, Philippines – The Philippines is set to pursue an agreement with Singapore as part of efforts to open up the banking industry aimed at greater financial integration and economic development among members of the Association of Southeast Asian Nations (ASEAN). Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said the Philippines has already entered […]

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Philippines: Exporters urge reforms to hit $100-B target early

MANILA, Philippines – Exporters are calling on both the public and private sector to implement reforms necessary to help boost exports as they set their sights on achieving an ambitious $100-billion revenue target over the medium term.  Philippine Exporters Confederation Inc. (Philexport) president Sergio Ortiz-Luis Jr. said there is a need for sustained efforts on […]

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Seven Eleven Closes Its Business In Indonesia

TEMPO.CO, Jakarta – Indonesian Chamber of Commerce and Industry Chairman (Kadin), Rosan Roeslani, explained the reason behind the downfall of Seven Eleven in Indonesia, which can be traced to their business model that isn’t compatible with Indonesia’s current condition. She said that there are two contributing factors; thin margins and low sales volume. “A person […]

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Thailand: Firms report better purchasing power

Although private investment remains relatively low, the private sector has seen clearer signs of improving purchasing power this month. Sanan Angubolkul, vice-president of the Thai Board of Trade, said yesterday the latest economic data from the Thai Chamber of Commerce showed a spending recovery in all regions since early June, boosted by rebounding farm products, […]

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