MANILA, Philippines — The Philippine economy may grow by 7.1 percent in the first quarter, supported by the manufacturing sector, expectations of higher infrastructure spending and easing inflation, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research. In the Market Call report released yesterday, the two […]
Read MoreA Thai firm Onshore Logistics Services Co Ltd (OLS) has expressed its strong desire in investing in the development of oil and gas in the Overlapping Claims Area (OCA) between Cambodia and Thailand, according to a release by the Royal Embassy of Cambodia in Bangkok. The oil and gas development investment project was disclosed during […]
Read MoreKUALA LUMPUR: Despite a sustained growth momentum in Malaysia’s exports seen last month, there are mounting expectations that this growth could see a moderation moving forward. Overall, while the sentiment remains cautious, Malaysia’s exports performance in February 2023 generally still has outperformed other country peers despite a gloomier global trade outlook. Another possible drag would […]
Read MoreTHE US Federal Reserve and other major central banks announced on Sunday a coordinated effort to improve banks’ access to liquidity, hoping to calm worries rattling the global banking sector. The special drive was to be launched Monday by the Fed and the central banks of Canada, the United Kingdom, Japan, the European Union and […]
Read MoreCambodia, China, Malaysia, and Indonesia have agreed to set up a joint standard for bird nests for the Chinese market, aiming to build confidence among customers and boost exports. The agreement was made at a meeting in Beijing last week with representatives of bird nest associations from Malaysia, Indonesia, Cambodia, and China, said Va Sochin, […]
Read MoreThailand’s central bank on Monday repeated that it expected only a small impact on the country’s financial system and financial markets from the problems at banks in the United States and Europe, and would closely monitor the situation. The Thai banking sector has a low number of transactions involving the troubled banks, and the sector is […]
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