As Exports Rise For 4th Straight Month MANILA, Philippines — The country’s trade deficit narrowed to $3.39 billion in July as exports rose and imports of goods crucial to production fell, the Philippine Statistics Authority (PSA) said yesterday. Total external trade in goods in July fell by 1.3 percent to $15.74 billion from $15.95 billion […]
Read MoreCambodia needs to hasten the passage of the draft gambling law to avoid missing out on investment opportunities in the gaming sector. This was the consensus among gaming industry experts from Cambodia and abroad attending the Mekong Gaming Summit, which is being held in Phnom Penh. The event – which has attracted industry experts and […]
Read MoreSINGAPORE: Singapore may increase its supply of public housing next year as the city-state introduced measures Tuesday aimed at making such homes more affordable. Minister for National Development Lawrence Wong said the measures would help more Singaporeans from lower to upper-middle income households buy their first homes. The Housing & Development Board, which is the […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index (IPI) expanded by 1.2% in July, which was slower than a Bloomberg forecast of a 3.1% increase. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin the growth in July was driven by the increase in the index of the manufacturing (4%) and electricity (2%) segements. However, the index of […]
Read MoreThailand and Myanmar have long had business and economic ties, with the Thais even establishing a trade and business centre in Yangon. Last year, trade volumes between the two countries reached US$7.5 billion, representing a year-on-year increase of 7 percent. Moving forward, Thanawut Naigowit, who was appointed as Thai Economic Counsellor and Director of the […]
Read MoreJAKARTA: The World Bank projects Indonesia’s economic growth will slide to below 5% next year and warned of the potential for “severe” capital outflows as global risks including the US-China trade war intensify. The forecasts were presented to Indonesian President Joko Widodo, according to two people with knowledge of the matter, who didn’t want to be […]
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