MANILA, Philippines — The Philippines will continue its borrowing program at over P2 trillion, at least in the short term, according to the Bureau of the Treasury. Based on the indicative financing program of the government until 2025, the Philippines will borrow P2.21 trillion by 2023, the same level it plans to raise this year. […]
Read MoreThe government’s special fund through the Agriculture and Rural Development Bank to the rice sector is expected to witness an increase to help further promote rice production. Chan Seiha, deputy director-general of the Agriculture and Rural Development Bank, said that the bank has disbursed $80 million loan to the rice sector this year. The one-year-period […]
Read MoreCommerce Minister Jurin Laksanawisit has ordered the Internal Trade Department to consider the request of makers of the five largest instant noodle brands to allow them to raise their prices in line with soaring production costs. But he personally argued a proposed hike by two baht per packet from 6 baht to 8 baht is considered […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Bubbling excitement for bubble tea across South-east Asia has helped the industry grow to a whopping US$3.7 billion ($5.1 billion) in 2021 – spent on both bubble tea and similar “new tea” drinks, according to a study published on Tuesday (Aug 16). The report, jointly conducted by venture outfit Momentum […]
Read MoreSINGAPORE- Singapore’s key exports saw slower growth last month as shipments of non-electronic products eased, with analysts predicting the momentum will continue to cool in the coming months as the global economic landscape darkens. Non-oil domestic exports (Nodx) expanded 7 per cent year on year in July, with June’s growth revised down to 8.5 per cent from […]
Read MoreThe regulations on the automobile localization ratio will be abolished on October 10, after they have been in force for almost 20 years. On August 12, the Ministry of Science and Technology enacted a circular to rescind the regulations on calculating methods of the automobile localization ratio, including Decision No. 28/2004, Decision No. 05/ 2005 […]
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Thailand
