MANILA, Philippines — The country’s manufacturing output grew in 2022, albeit at a slower pace than the previous year, as growth eased in some industry divisions, while some posted contractions, according to the Philippine Statistics Authority (PSA). Preliminary results of the Monthly Integrated Survey of Selected Industries released by the PSA yesterday showed manufacturing output as […]
Read MoreThe Revenue Department plans to step up its examination of suspicious personal income tax returns, says director-general Lavaron Sangsnit. He said people who submit accurate filings have nothing to worry about, and eligible filers should receive a tax refund within three days. The department will spend more time scrutinising returns with suspicious information, said Mr […]
Read MoreMANILA, Philippines — Manila and Tokyo signed seven agreements on humanitarian assistance, infrastructure and agriculture during President Ferdinand Marcos Jr.’s official working visit to Japan, Malacañang said. Marcos and Japanese Prime Minister Fumio Kishida witnessed the signing of agreements on Thursday. “After our meeting, I can confidently say that our Strategic Partnership is stronger than […]
Read MoreKUALA LUMPUR: Malaysia needs to look at balancing its regional economic development in order to narrow the development gap in the country. Speaking at the launch of the World Bank’s Malaysia Economic Monitor February 2023 report, Ndiame Diop, the country director for Brunei, Malaysia, Philippines, and Thailand, said Malaysia’s regional economic development is not aligned. […]
Read MoreThe first China-Laos-Thailand freight train departed from Kunming on Tuesday carrying nine cold-chain containers packed with about 280 tonnes of fresh vegetables for export to Laos and Thailand. Xinhua News Agency reports that within fifty-five hours, the freight train will arrive in Bangkok after passing through Laos where it would make a quick stop for reloading more goods. […]
Read MoreSINGAPORE’S median monthly household income from work rose by a marginal 0.2 per cent in real terms in 2022 for resident employed households, just keeping ahead of high inflation, according to a Singapore Department of Statistics (Singstat) report on Thursday (Feb 9). This was a sharp slowdown from 2021’s real growth of 1.5 per cent. But […]
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