MANILA, Philippines — The Philippines’ widening current account deficit as a result of higher investments will leave the country more vulnerable to external shocks and developments, according to ANZ Research. In its Asia Macro Strategy Weekly report, ANZ Research noted that the uptick in investments has led to a current account deficit in some economies […]
Read MoreUp to 11,000 Cambodians have travelled to Guangxi Autonomous Region so far this year for both tourism and commerce purposes as a result of extensive promotion of the southern province in Cambodia and increased air connectivity. Establishing a daily flight from Phnom Penh to Guangxi, as well as increasing the number of flights from Siem […]
Read MoreYANGON (Xinhua) – Bilateral trade between Myanmar and Vietnam has reached over USD362 million in five months of the six-month transitional period from April to September this year, according to the figures from the Commerce Ministry yesterday. Myanmar has changed its fiscal year period from original April-March to October-September beginning 2018-2019, producing a six-month transitional […]
Read MoreHEATWAVE, a well-known shoe brand held a grand opening for its boutique in Aman Hills Shopping Centre yesterday. The Singaporean brand has over 40 stores in Singapore, Dubai, Indonesia, Malaysia, the Philippines, Cambodia, Myanmar and Qatar. General Manager Gina Tan launched the Heatwave Boutique featuring products known for its good quality and philosophy that less […]
Read MoreBank Indonesia (BI) says expansion of the manufacturing sector has started to slow down after obtaining high growth in the third quarter. BI Governor Perry Warjiyo said over the weekend that the prompt manufacturing index (PMI) in the third quarter was above 50 percent, indicating that there was growth but it was slower than during the previous […]
Read MoreIt has been five years since the government first allowed private insurance businesses to offer their services in Myanmar in 2013. But further liberalisation is needed and the authorities have been saying they are close to allowing foreign insurance providers to operate domestically. In August, U Zaw Naing, secretary of the Insurance Business Regulatory Board […]
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