MANILA, Philippines — The national government’s outstanding debt rose to a record high P6.88 trillion in end-March from P58.23 billion in February due to currency fluctuation and net issuance of government securities, the Bureau of Treasury reported yesterday. Of the amount, P2.41 trillion or more than 31 percent was borrowed from foreign sources, while P4.46 […]
Read MoreThe Cambodia Chamber of Commerce (CCC) plans to open several offices overseas, aiming to establish the first one by next year. The new offices are envisioned as centres to promote foreign investment in the kingdom. Their role will also be to help Cambodian companies export their products abroad, according to Tan Monivann, CCC’s vice president. […]
Read MoreIn the past few years, Indonesia has seen more and more investments from Asian powerhouse China. In 2017, China was ranked as the country with the third-largest foreign investment in Indonesia at US$ 3.36 billion, a significant increase from $2.66 billion in 2016. It seems that the trend is here to stay. According to data from […]
Read MoreMyanma Port Authority, under the Ministry of Transport and Communications, launched its Port Electronic Data Interchange (Port EDI) system on April 30. The adoption will computerise the entire system and enhance the efficiency of trade and logistics in the coastal ports. The launch ceremony was held at Park Royal Hotel in Yangon on April 30. […]
Read MoreThe Hanoitimes – The country’s total import-export turnover in the first four months of this year rose 14.4 percent year-on-year to US$144.13 billion, the General Department of Customs reported. In April alone, the value was $35.7 billion, of which $18.2 billion came from exports, a month-on-month decrease of 13.9 percent. With a trade surplus of $700 […]
Read MoreHeadline inflation in April surged to the highest level in 14 months, driven by rising prices for fresh vegetables, tobacco, alcoholic drinks, fuel, housing and furnishings. The Commerce Ministry Tuesday said the consumer price index (CPI) last month rose 1.07% year-on-year after a 0.79% increase in March. This followed an increase of 0.42% in February, which […]
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Thailand
