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Philippines: Trade deficit swells to 3-year high in 2021

MANILA, Philippines — The country’s trade balance tilted to its widest deficit in three years in 2021 as soaring oil demand and restocking supplies in line with the global economic recovery pushed imports to all-time highs. Latest data from the Philippine Statistics Authority (PSA) showed the country’s trade shortfall more than doubled to reach a […]

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Indonesia aims to attract 84 bln USD in investment in 2022

Indonesia hopes to attract 1,200 trillion rupiah (84 billion USD) in investment this year, the country’s Investment Minister Bahlil Lahadalia has said. Jakarta (VNA) – Indonesia hopes to attract 1,200 trillion rupiah (84 billion USD) in investment this year, the country’s Investment Minister Bahlil Lahadalia has said. Experiences in 2020 and 2021, new regulations enacted by the Law […]

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Brief Caption: the tranship container at North Butterworth Container Terminal in Butterworth.

( April 29, 2021 )

— LIM BENG TATT/The Star
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Malaysia’s external trade surpasses RM2tril in 2021

KUALA LUMPUR: Malaysia’s external trade registered another historic performance in 2021, surpassing RM2 trillion for the first time, as well as recording the fastest growth since 1994. Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said Malaysia’s exports hit RM1.24 trillion, achieving 99 per cent of the 12th Malaysia Plan […]

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