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December 17, 2018

Philippines: Oil, gas exploration projects attract 13 applications

MANILA, Philippines — The country’s “Explore, Explore, Explore” program has generated 13 interested applications for the pre-determined areas for oil and gas exploration bared during last month’s launch. Eight parties have nominated new areas for oil and gas exploration activities. “We have 14 pre-determined areas (PDAs) under Philippine Conventional Energy Contracting Program (PCECP) and 13 have applied for the pre-determined areas,” […]

December 17, 2018

Singapore exports post first annual decline in 8 months, China risks grow

SINGAPORE: Singapore’s exports fell for the first time in eight months on a year-on-year basis in November with shipments to China, its biggest market, continuing their decline on slowing growth in the world’s second largest economy. The contraction comes as economists grow increasingly worried about the impact of Sino-U.S. trade tensions on demand from China, […]

December 17, 2018

Myanmar: Fiscal restructuring, discipline needed as budget balloons: World Bank

Public spending is expected to balloon in the next two years leading up to the 2020 General Election, potentially taking the fiscal deficit up to 6 percent as a share of GDP over the current fiscal year, according to government data. The K22.1 trillion Budget, which allocates more spending towards health, education and energy, is […]

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Philippines: Oil, gas exploration projects attract 13 applications

Singapore exports post first annual decline in 8 months, China risks grow

Myanmar: Fiscal restructuring, discipline needed as budget balloons: World Bank