MANILA, Philippines — Investments approved by the Philippine Economic Zone Authority (PEZA) declined by nearly 30 percent in the first half of the year to P22.49 billion, the agency reported Friday. PEZA officer-in-charge (OIC) Tereso Panga said the investments came from 90 new and expansion projects. Panga, the agency’s deputy director general for policy and […]
Read MoreThe Regional Cooperation Economic Partnership (RCEP) and the Free Trade Agreement with China have increased manufacturing factories in Cambodia. Cambodia has a total of 1,947 factories with a registered investment value of $15.7 billion as of June this year, the Ministry of Industry, Science, Technology, and Innovation’s report said on Thursday. The manufacturing factories produced […]
Read MoreThailand topped the list of rubber exporting countries in the first half of the year, with shipments of 2.19 million tonnes valued at 70.5 billion baht, the agriculture minister’s adviser revealed on Friday. This year’s total exports of natural rubber are expected to reach 4.27 million tonnes, up 3.41 per cent from last year, said […]
Read MoreThe banking sector stands ready to provide sufficient capital for economic development. Vietnam’s credit growth as of June 9 expanded by 8.15% against late 2021 and up 17.09% year-on-year, which is in line with the ongoing economic recovery process. Vice Governor of the State Bank of Vietnam (SBV) Dao Minh Tu revealed the figures at […]
Read MoreGovernment leaders are publicly making a case for keeping interest rates lower for longer, a call that is putting them at odds with the nation’s monetary policy makers who are keen to raise borrowing costs sooner to keep inflation from overheating. Energy Minister Supattanapong Punmeechaow on Tuesday warned about risks to economic growth from higher […]
Read MoreJAKARTA : Indonesia’s trade surplus narrowed more than expected in May, as exports grew more slowly than predicted due to the country’s ban on palm oil shipments, data from the statistics bureau showed on Wednesday. The resource-rich country has been enjoying an export boom since last year on the back of a surge in commodity […]
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