MANILA, Philippines — The Philippines is aiming for a 20 percent increase in bilateral trade with the European Free Trade Association (EFTA) by next year, and to at least double the trade volume in three years, following the implementation of the parties’ free trade agreement (FTA). “Our objective is for this (Philippines-EFTA FTA) to really […]
Read MoreMyanmar’s private sector needs to identify the impact of their businesses on biodiversity and ecosystems early on to avoid cost and conflict, a recent report states. Yangon-based Myanmar Centre for Responsible Business (MCRB) recently published a briefing paper on biodiversity, human rights and business, advising stakeholders on how some types of investment can negatively affect […]
Read MoreSINGAPORE: Singapore’s economy expanded at a much slower pace than initially thought in the third quarter, with the government flagging further moderation in the current quarter and warning that the US-Sino trade war will hurt growth in 2019. The weakening outlook for the prosperous city-state – a bellwether for global growth because international trade dwarfs its domestic economy – underlines a shakeout in financial […]
Read MoreSINGAPORE: Malaysian bonds have an advantage over their peers when it comes to attracting investors – low volatility. The sovereign debt has comparable volatility to Singapore and South Korea, yet offers almost twice as much yields, according to Bloomberg calculations. That may explain why Malaysian bonds have gained every month since May, even as the government disclosed borrowings were 60% higher than thought […]
Read MoreThe Indonesian Employers Association (Apindo) has called on the government to cancel its revision of the negative investment list (DNI), which is part of the 16th economic policy package announced on Monday. “It would be better to review the DNI policy because there is no urgency. If we don’t need it, it is should be withdrawn,” Apindo chairman […]
Read MoreKUALA LUMPUR: RAM Ratings expects headline inflation to speed up to 2.7% in 2019 after averaging 1% in 2018, mainly due to higher fuel prices and the reintroduction of the sales and service tax (SST). The rating agency said there would be additional pressure from the switch to targeted fuel subsidies, along with its anticipation […]
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Thailand
