MANILA, Philippines — The national government spent P47.21 billion to pay off its debt, including interest payments and amortization in July, according to the Bureau of the Treasury. According to the latest data from the BTr, the government’s debt payments in July declined 52.63 percent to P47.21 billion from P99.66 billion in the same month […]
Read MorePETALING JAYA: Despite the escalation in the US-China trade war which may dent exports of emerging markets, Malaysia is poised to maintain a trade surplus for this year and 2019, albeit slightly lower than in 2017. Towards this end, some economists told StarBiz that they are projecting a current account surplus of between 2% and 2.5% of gross domestic product (GDP) for 2018 and 2019. […]
Read MoreTEMPO.CO, Jakarta – Singapore’s new investment in Indonesia reached US$5.04 billion or rose 38 percent in the first half of the year compared with the same period last year. In the whole of 2017, Singapore’s new investment was valued at US$8.44 billion in the country, Industry Minister Airlangga Hartarto said on Sunday. Meanwhile, Indonesia’s exports of non-oil/gas commodities to Singapore were valued at US$9 billion making that neighboring country the fifth largest destination of Indonesia’s exports of commodities other than oil and […]
Read MoreThe government is studying the feasibility of establishing a cross-border economic zone in the Golden Triangle under the Lancang- Mekong Cooperation scheme to expand economic links for Thailand, Myanmar, Laos and China. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said the department is scheduled to discuss a location in Chiang Rai for such a zone […]
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