Page 4 – ASEAN Economic Community Strategy Center

Philippines: External payments flow to remain positive — BSP

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) expects the country’s external payments position to remain healthy amid the sustained inflows. BSP Deputy Governor Diwa Guinigundo said the country continues to experience robust foreign direct investment as well as foreign portfolio investment inflows. Latest data showed the Philippines recorded a balance of payments (BOP) […]

Massive production relocation from China to Vietnam spikes surge in labor demand

The Hanoitimes – China was the largest source of greenfield Investment in Vietnam in Q1/2019 with US$732.2 million, accounting for 18.9% of the total. As Sino-US trade tensions have continued to weigh, multinational companies have been shifting their production facilities from China to Vietnam and recruiting a large number of employees, leading to a surge in […]

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Philippines: External payments flow to remain positive — BSP

Massive production relocation from China to Vietnam spikes surge in labor demand