MANILA, Philippines — The net inflow of foreign direct investments (FDI) soared by 54.2 percent to hit an all-time high of $10.52 billion last year, as global investors returned following the country’s exit from the pandemic-induced recession, the Bangko Sentral ng Pilipinas said. BSP Governor Benjamin Diokno said the amount last year topped the previous […]
Read MoreThe petrol price hike, which has led to an increase in nearly all goods and services, from food to medicine to fertilizer, has caused consumers constant anxiety. The domestic retail fuel price was adjusted five times from the beginning of the year to March 2. E5 petrol price increased by VND2,918 per liter compared with […]
Read MoreKUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) increased 4.3 per cent in January 2022 compared with the same month of the previous year, the Department of Statistics Malaysia (DoSM) said. Chief statistician Datuk Sri Mohd Uzir Mahidin said the expansion of IPI was contributed by the increment of 6.8 per cent in the manufacturing index […]
Read MoreSingapore is seeking to attract higher-calibre foreign workers under a new points-based visa system, as part of the government’s broader push to boost local employment while positioning itself as a global city, Manpower Minister Tan See Leng said. “What we are trying to do is to be able to differentiate the high talent, the really […]
Read MoreCambodia has exported footwear products to China under the Regional Comprehensive Economic Partnership Agreement, which took effect on January 1 this year. Kith Meng, President of the Cambodia Chamber of Commerce and Chairman of the Asean Business Advisory Council, mentioned the development during a meeting held virtually on Thursday with Satvinder Singh, Deputy Secretary-General for […]
Read MoreMANILA, Philippines — Sales of the country’s vehicle assemblers dipped by seven percent in February, but the industry expects to see recovery with the further reopening of the economy. A joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) released yesterday showed total vehicle sales reached […]
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