MANILA, Philippines — More foreign direct investments (FDI) flowed into the country for the fourth straight month in August, surging by 46.9 percent to $637 million on renewed investor confidence despite the raging coronavirus pandemic, according to the Bangko Sentral ng Pilipinas (BSP). The strong performance in August slowed the pace of decline during the […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – The customs of Singapore and the US have tied up to explore the exchange and reuse of trade data via a system link-up between both countries’ trade platforms. These trade platforms are Singapore’s Networked Trade Platform and the US Automated Commercial Environment. The Singapore Customs and the US Customs and […]
Read MoreThe International Air Transport Association (IATA) projected Indonesia’s air passenger market to become the fourth-largest globally by 2039, jumping from 10th position in 2019 thanks largely to travel demand from the country’s growing middle class, according to an official. IATA Asia Pacific member external relation assistant director Kelvin Lee said on Tuesday that the growth […]
Read MorePETALING JAYA: Malaysia is expected to see another dip in economic growth in the third quarter, with a technical recession likely to extend to the final three months of the year due to the ongoing conditional movement control order (CMCO). According to CGS-CIMB Research, the country’s gross domestic product (GDP) is projected to decline 3.5% […]
Read MoreCambodia Securities Exchange (CSX)-listed Phnom Penh Autonomous Port (PPAP) has maintained a stable financial position during the first 10 months of 2020, despite the economic headwinds posed by the pandemic. According to unaudited documents submitted to the Securities Exchange Commission of Cambodia and released by the CSX on Tuesday, PPAP’s 2020 October monthly revenue was […]
Read MoreSlowest in 13 years MANILA, Philippines — Credit growth slumped to its slowest pace in more than 13 years as banks are more cautious because of the growing number of loan defaults despite the regulatory relief measures extended by the Bangko Sentral ng Pilipinas (BSP). Preliminary data from the BSP showed loans extended by big […]
Read More
Thailand
