MANILA, Philippines — The Philippine Chamber of Commerce and Industry, Philippine Exporters Confederation Inc. and Philippine Food Processors and Exporters Confederation lauded government’s move to remove non-tariff barriers on imports of agricultural products. In a statement yesterday, the groups said the issuance of Administrative Order (AO) 13 by President Duterte to lift the non-tariff barriers […]
Read MoreSINGAPORE: Singapore Inc. is stirring, with companies from real estate to engineering becoming bolder in their hunt for acquisitions abroad. Companies in the city-state announced around $91 billion of overseas deals this year through September, more than double the $41.9 billion of transactions for the same period of 2017, data compiled by Bloomberg show. Temasek […]
Read MoreConsumer confidence fell for the first time in four months in September, as people were more concerned about the impact of higher oil prices, relatively low farm prices, an escalating international trade row and the slow pace of economic growth. The latest survey by the University of the Thai Chamber of Commerce (UTCC) found that the […]
Read MoreMANILA, Philippines — The World Bank has downgraded its growth forecast for the Philippines to 6.5 percent this year amid rising global uncertainties and domestic inflationary pressures. The multilateral lender last April projected a 6.7 percent economic expansion for the Philippines in 2018. The growth outlook of 6.7 percent in 2019 and 6.6 percent in 2020, however, were […]
Read MoreDespite an improved forecast for this year’s economic growth, Thailand’s outlook over the next two years is projected to slow down as investment is poised to subside and external uncertainties cast a shadow over exports, says the World Bank. The World Bank has upgraded Thailand’s economic growth forecast to 4.5% from 4.1% this year based on […]
Read MoreTrade Minister Enggartiasto Lukita had to revise a regulation on the letter of credit (L/C) before it took effect because of an overlap with a regulation issued by the Energy and Mineral Resources Minister. Energy and Mineral Resources Ministry oil and gas Director General Djoko Siswanto said the Indonesia Petroleum Association (IPA) had questioned the […]
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