MANILA, Philippines — S&P Global Ratings has raised its outlook for the Philippine economy, increasing the prospect of a rating upgrade for the country on the back of improving policymaking and solid economic growth. In a press release issued late Thursday, the debt watcher said it revised its outlook for the Philippines to “positive” from […]
Read MoreThe General Department of Taxation collected more than $761 million in taxes during the first three months of the year, a slight increase of about 10 percent compared to the same period in 2017. GDT’s director general Kong Vibol announced the figures yesterday during his department’s monthly meeting, and said the positive results are the […]
Read MoreMANILA, Philippines — A Japan-based debt watcher maintained its credit rating for the Philippines on the back of “high-level economic growth.” In a press statement dated April 26, the Japan Credit Rating Agency Ltd. said it affirmed its “BBB+” rating—which signifies adequate level of certainty to honor financial obligations—with a “stable” outlook for the Philippines’ […]
Read MoreTHE Singapore labour market has continued to show slight improvements in the first quarter of 2018, with retrenchment numbers the lowest in nearly seven years and the unemployment rate of residents hitting a two-year low. In a labour market report released by the Manpower Ministry (MOM) on Friday, preliminary data showed that the number of […]
Read MoreMyanmar furniture, once renowned for its quality and craftsmanship, appears to have lost its appeal in domestic and international markets. Local demand has plummeted owing to soaring prices, while overseas interest has dwindled due to declining quality over the past few years. Meanwhile, a rising number of households and offices have instead been importing furniture […]
Read MoreBANGI: The establishment of new policies and proper management of the cost of living are vital to ensure economic sustainability, according to Universiti Kebangsaan Malaysia vice-chancellor Professor Tan Sri Noor Azlan Ghazali. Noor Azlan, who is also head of the economics and management cluster at the National Council of Professors Malaysia, said that the three […]
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Thailand
