MANILA, Philippines — Inflation for the country’s bottom 30 percent income households has risen to 6.5 percent in the second quarter of the year because of faster increases in the prices of food, the Philippine Statistics Authority (PSA) reported. This was higher than the 5.3 percent annual growth in the first quarter of the year […]
Read MoreThe Hanoitimes – Stabilizing foreign exchange and inflation rates is considered as key objectives of the government at the moment. The Vietnamese government will make no changes to the monetary policy that has been in place since the beginning of the year until considerable global impact is felt, Prime Minister Nguyen Xuan Phuc asserted at the […]
Read MoreGovernment efforts to prevent illegal border trade have not been effective or sufficient and counterfeit goods are still being smuggled into the country. In fact, things are worse than before. “Illegal trade can’t be controlled. Illegal trade is worse than before even though measures were taken to reopen some of the border gates by the […]
Read MoreState-owned secondary mortgage financing firm PT Sarana Multigriya Finansial (SMF) on Thursday launched a series of participation certificates for asset-backed securities, the EBA-SP BTN 01, in a move that aims to increase its issuance of asset-backed securities (EBA) for retail investors. SMF is collaborating with BNI Sekuritas to utilize the latter’s customer base and extensive marketing network in order to attract […]
Read MoreThe Energy and Mineral Resources Ministry has extended PT Freeport Indonesia’s (PTFI) temporary special mining permit (IUPK) for another month after it expired on Tuesday. “Yes, the Freeport IUPK has been extended until Aug. 31,” Energy and Mineral Resources Ministry mineral and coal director general Bambang Gatot Ariyono said on Wednesday as reported by kontan.co.id. With […]
Read MoreSINGAPORE – Small and medium-sized enterprises (SMEs) in Singapore were the top exporters by revenue in the Asia-Pacific last year, according to a study commissioned by FedEx Express. SMEs here generated an average annual exporting revenue of US$1.75 million (S$2.38 million), ahead of the US$1.21 million average recorded across countries in the Asia-Pacific. With regard […]
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Thailand
