MANILA, Philippines — The Philippines continued to maintain a healthy external payments position, posting a balance of payments (BOP) surplus of $5.53 billion in the first eight months, reversing a $2.44 billion deficit recorded in the same period last year, the Bangko Sentral ng Pilipinas reported yesterday. “The surplus may be attributed partly to remittance […]
Read MoreASEAN continues to work towards its renewable energy target of 23 per cent by 2025, with the Asean Centre for Energy (ACE) signing agreements for research in areas such as biofuels, said ACE in a press release following the 37th annual Asean Minister on Energy Meeting (AMEM) in September. South-east Asia’s energy demand is expected […]
Read MoreIndonesia will prioritizes imports of buffalo meat, rice and raw sugar from India after the South Asian country adjusted crude palm oil (CPO) tariffs for its top two importers, Malaysia and Indonesia, earlier this month. “India has given us an opportunity to increase our CPO exports, it is only fair to give India access to […]
Read MorePETALING JAYA: Experts believe Malaysia’s foreign direct investment (FDI) momentum will continue to pick up in the upcoming quarters, following the rise in the country’s realised FDI by nearly RM11bil or 68.4% year-on-year (y-o-y) in the first six months of 2019 (6M19). According to Fitch Solutions Macro Research, the resumption of China-backed projects in Malaysia […]
Read MoreThailand Post is promoting its e-commerce delivery services with the “Morning to Afternoon Can Deliver, Afternoon to Next Day Can Deliver” campaign. In keeping with the theme, parcels sent in the morning can be delivered in the afternoon and parcels sent in the afternoon can be delivered the next day, said Smorn Terdthampiboon, president of […]
Read MoreThe Hanoitimes – In the first eight months of 2019, Vietnam’s total trade value reached US$340 billion, up 8.9% year-on-year, leading to a trade surplus of US$5.2 billion during the period. Vietnam, along with Thailand, is predicted to remain a bright spot in ASEAN in terms of trade surplus for the remaining period of the year, […]
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