MANILA, Philippines — The Philippines’ average gross domestic product (GDP) growth may drop below five percent in the second half due to higher interest rates, according to Japanese financial giant Nomura. Nomura economist for ASEAN Euben Paracuelles and analyst Rangga Cipta said the Philippine economy may grow by an average of 4.9 percent in the […]
Read MoreXinhua – On June 2, the day the Regional Comprehensive Economic Partnership (RCEP) entered into force in the Philippines, Chizhou Customs in east China’s Anhui Province issued an RCEP Certificate of Origin for a batch of goods exported to the Southeast Asian country. With that piece of paper, Anhui Xingxin New Materials Co., Ltd. saved $3,937.28 […]
Read MoreIn 2013, President Xi Jinping announced an initiative for China to work with Asean countries for a 21st century Maritime Silk Road to build a closer China-Asean community with a shared future. For a decade, China and Southeast Asia have enjoyed growing connectivity, deepening economic integration and robust business ties. Since 2020, Asean has surpassed the […]
Read MorePETALING JAYA: Foreign direct investment (FDI) from central and eastern European (CEE) countries into Malaysia is set to get a boost as more businesses and consumers from these countries become more aware of the potential strength of Asian economies amid the growing difficult global economic landscape. International strategic communications company Rothman and Roman Intelligence Unit […]
Read MoreMANILA, Philippines — The Philippines is targeting to level up from just a seller of ores by developing its processing capabilities in the next two decades, based on the roadmap outlined by the Mines and Geosciences Bureau (MGB). In a report, the MGB said the government is looking for ways to level up the country’s […]
Read MoreMinister of Commerce Pan Sorasak urged all relevant parties to work together on the possibility of establishing a free trade agreement between Cambodia and Japan following a remarkable surge in exports of Cambodian products to Japan this year. The minister was speaking at a seminar, attended by businessmen and entrepreneurs from both countries, on trade […]
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