MANILA, Philippines — More speculative funds flowed out of the Philippines than what came in for the fourth straight month in August, with foreign portfolio investments yielding a net outflow, according to the Bangko Sentral ng Pilipinas (BSP). Data released by the central bank showed that total foreign investments registered through authorized agent banks registered […]
Read MoreEven as a new negotiation is in progress for further commercial exploration into the Block A of Cambodia, a crude oil sale agreement was recently signed between government officials, the shipment company and the buying firm to divide the revenue from the sale as a percentage to each party of the deal, according to senior […]
Read MoreVietnam’s Consumer Price Index (CPI) in the third quarter of this year inched up 3.32% against the same period last year, according to data released by the General Statistics Office (GSO) on September 29. GSO attributed the CPI rise to the price hikes of some groups of products in this quarter. Among them, domestic fuel […]
Read MoreSINGAPORE hotels’ average room rate (ARR) dipped in August from July’s near-decade high to come in at S$248.34, though it was still significantly higher than year-ago levels, according to the latest data from the Singapore Tourism Board (STB). The month’s figure broke the ARR’s six-month growth streak, which peaked at a revised S$257.94 in July. […]
Read MoreKUALA LUMPUR: Effective Jan 1, 2023, about 99 per cent of Turkish exports to Malaysia will enjoy duty-free treatment, while almost 86 per cent of Malaysia’s exports to Turkiye will enjoy a similar advantage under the Malaysia-Turkey Free Trade Agreement (MTFTA). The decision was made during the inaugural Joint Economic and Trade Council (JETC) meeting […]
Read MoreMANILA, Philippines — An economist sees the peso slumping closer to 62 to $1 level by the end of the year amid the continued strengthening of the greenback as the hawkish US Federal Reserve delivers jumbo rate hikes to tame inflation. Jonathan Ravelas, managing director at eManagement for Business and Marketing Services, said in an […]
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Thailand
