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Chinese investors eye more projects in Philippines

MANILA, Philippines — Chinese investors are looking at participating in more infrastructure projects in the Philippines under the Build Build Build program of the Duterte administration. More than 500 investors based in Beijing and nearby areas attended the Philippine Economic Briefing held by economic managers led by Finance Secretary Carlos Dominguez. China is among the […]

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Vietnam’s trade turnover tops US$100-billion mark in Q1

The Hanoitimes – The FDI’s exports year to March 15 reached US$32.76 billion, up 2.7% year-on-year, accounting for 69.6% of Vietnam’s total exports. Vietnam’s trade turnover reached the US$100-billion mark year to March 19, according to the General Department of Vietnam Customs (GDVC).  The country’s trade revenue as of March 15 stood at US$93.6 billion, up […]

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Thailand – Somkid: EEC, SEC on track

The current government’s major investment projects, particularly in the Eastern Economic Corridor (EEC) and Southern Economic Corridor (SEC), are expected to be taken up by the new government, says Deputy Prime Minister Somkid Jatusripitak.  “I’m not fretting over the economy because the government has already laid the foundation for significant policies and the next government is […]

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Indonesia: PLN pushes for digital meters

State-owned electricity company PLN is in the process of switching from the current manual electricity meters to digital ones, using a technology called advanced metering infrastructure (AMI), expecting that the new system can be used by 1 million customers this year. The AMI is an integrated system of smart meters, communication networks and data management […]

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Philippines: Current account deficit still manageable — DOF

MANILA, Philippines — The country’s current account deficit has remained manageable despite widening to a record high of $7.9 billion in 2018, a senior official of the Department of Finance (DOF) said over the weekend. In his latest economic bulletin, Finance Undersecretary Gil Beltran said the Philippines’ current account deficit is “financeable” given the surplus […]

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