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Laos, Vietnam enhance cooperation in information

Laos and Vietnam have agreed on the agenda of their cooperation programme on information over the five year period from 2016 to 2020. Laos’ Minister of Information, Culture and Tourism, Prof. Dr Bosengkham Vongdara, and Vietnam’s Minister of Information and Communication, Truong Minh Tuan, yesterday signed the cooperation action plan in Vientiane. The two ministries […]

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Philippine Business Bank core profit up 51%

MANILA, Philippines — Philippine Business Bank (PBB) reported a core income of P673.7 million in the nine months to September this year, rising 50.6 percent from P447.3 million in the same period last year. In a statement, PBB said net interest income went up 19 percent to P2.2 billion in the third quarter from P1.8 […]

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Indonesia focuses on palm oil smallholders to raise output

NUSA DUA, Indonesia: Small palm plantations in Indonesia drew more attention than usual at the opening of the nation’s annual palm oil conference on Thursday, as the world’s top palm oil producer seeks to boost overall output by improving smallholder productivity. Smallholders farm roughly 40 percent of Indonesian land planted with oil palm trees, but […]

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Philippines: Economy likely grew faster in Q3 — Pernia

MANILA, Philippines — The economy likely grew faster in the third quarter on the back of strong exports, agricultural production and investments, the National Economic and Development Authority (NEDA) said yesterday. In an interview with reporters, Socioeconomic Planning Secretary Ernesto Pernia said the economy likely grew at a faster rate in the third quarter compared […]

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