MANILA, Philippines — Barcelona-based Focus Economics expects the Philippines to incur a wider trade deficit this year as imports continue to accelerate further. Lindsey Ice, economist at FocusEconomics, said the trade gap could widen to $44 billion instead of $42 billion this year from last year’s $41.44 billion. Ice said Focus Economics now sees imports […]
Read MoreLaos will do everything it can to help the Mekong-Lancang Cooperation (MLC) deliver as many tangible benefits as possible to the people of the Mekong region. Deputy Minister of Foreign Affairs, Mr Thongphane Savanhphet, conveyed this message at an event to mark the 3rd anniversary of cooperation between the countries of the Mekong, which took […]
Read MoreVietnam has been ranked at #84 among the best countries for business, U.K. on Top, U.S. Down in Forbes’ 13th annual look at the Best Countries for Business, which measures countries that are most hospitable to capital investment. Forbes gauged the Best Countries for Business by rating nations on 15 different factors, including property rights, […]
Read MoreMANILA, Philippines — The growth in remittances is expected to remain subdued over the next few years, but the Philippine economy can hold up despite the effect on consumption if monetary and fiscal policies are loosened this year and employment growth is sustained, London-based Capital Economics said. In a report issued yesterday, the think tank […]
Read MoreTOTAL trade increased to BND1,380.0 million in December 2018 compared to BND1,140.7 million in December 2017, representing an increase of 21.0 per cent year-on-year. Total imports of goods increased by 43.2 per cent year-on-year to BND559.1 million (December 2018) from BND390.5 million (December 2017). The five main import commodities were Machinery and Transport Equipment (35.0 […]
Read More[JAKARTA] Indonesia posted a surprise trade surplus for the first time in five months in February as imports unexpectedly fell sharply, data from the statistics bureau showed on Friday. South-east Asia’s largest economy had a surplus of US$329.5 million in February, compared with a Reuters poll prediction of a US$700 million gap. Exports slumped 11.33 […]
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