logo
Read More

Philippines: Fiscal deficit narrows to P350.6 billion in 2017

MANILA, Philippines — The national government’s fiscal deficit narrowed to P350.6 billion in 2017, falling below the programmed deficit for the year amid higher revenue collections and below-target spending, the Bureau of the Treasury (BTr) reported yesterday. In its latest cash operations report released yesterday, the Treasury said the latest deficit figure was 27 percent […]

Read More
8
Read More

Parkson closes the 4th outlet in Vietnam

The Hanoitimes – After 8 years of operation, Malaysian department store operator Parkson has closed another outlet in Ho Chi Minh City, making a total of four closed locations in Vietnam. Parkson Flemington, located in District 11, ceased service in late January of 2018, Thuy Duong Co., which operates the brand in Vietnam, said in an […]

Read More
2018_02_28_41428_1519786478-_large
Read More

Indonesia: Bankers see stronger consumer lending in 2018: PwC

Bankers are banking on stronger consumer lending to take the lead in an otherwise slow year, according to a PricewaterhouseCoopers (PwC) Indonesia survey published Tuesday.  The PwC survey involved 65 banking executives from 49 banks, and showed that 71 percent of respondents believed consumer lending would grow more than 10 percent, considerably higher than 57 percent of respondents in 2017. Bankers […]

Read More