Philippines

November 13, 2018

Philippines, Indonesia improve cooperation vs smuggling

MANILA, Philippines — The Philippines and Indonesia have agreed to strengthen their cooperation against smuggling, a move seen to pave the way toward improved regional efforts against illicit cross-border trade, according to the Department of Finance (DOF). In a letter, Finance Secretary Carlos Dominguez and Indonesian Finance Minister Sri Mulyani Indrawati said they are both open to work with their countries’ respective customs […]

November 12, 2018

Philippines: Higher fuel, power costs seen hindering foreign investments

MANILA, Philippines — Rising prices of power and fuel are becoming major roadblocks to increasing foreign investment in the country, an economist from the Asian Institute of Management (AIM) said. In a presentation made during the recent 4th International Symposium on Asian Development Studies hosted by the Philippine Institute for Development Studies (PIDS), AIM economist […]

November 12, 2018

Philippines: Tobacco farmers oppose tax hike

MANILA, Philippines — A group of local tobacco farmers has appealed to the government to reconsider the proposal to increase anew excise taxes on tobacco products. In a letter to the Department of Finance (DOF), Senate, and House of Representatives, the PhilTobacco Growers Association Inc. (PTGA) expressed its opposition against the proposed excise tax hike […]

November 12, 2018

Thai company to buy sorghum from Philippines

MANILA, Philippines — A Thai agro-industrial conglomerate has committed to buy sweet sorghum, a grain crop used as raw material for feeds, from the country as the Department of Agriculture (DA) starts the propagation of the commodity amid tight supply of corn for the growing livestock industry. Agriculture Secretary Emmanuel Piñol said Thai-based Charoen Pokphand […]

November 12, 2018

Philippines: Airline profits hit by rising fuel prices

MANILA, Philippines — Soaring fuel prices took its toll on the profitability of local airlines in the nine months ending September. In separate financial reports to the Philippine Stock Exchange, the listed operator of Philippine Airlines (PAL) said the company widened its net loss in the first three quarters, while Cebu Air Inc. saw its […]

November 9, 2018

Philippines: Economy grows at slower 6.1% pace in third quarter of 2018

MANILA, Philippines — The economy continued its growth streak of at least six percent for the 14th consecutive quarter but failed to keep up with market expectations, growing by 6.1 percent in the third quarter this year. The Philippine Statistics Authority reported yesterday that economic growth – as measured by the gross domestic product (GDP) […]

Asean News

Malaysia’s construction sector expands 8.1% in 2Q 2023 – DoSM

Philippines: Government hikes budget for debt payment

Thailand: Behind the power tariff decision

Cambodia’s agricultural product exports at $2.6 billion

More Filipinos went jobless, sought more working hours in June

Cambodia, Laos & Myanmar – 2016 Foreign Investment Outlook

Vietnam: Elusive trade target with Vietnam renewed

Central Group wins bid for Big C Vietnam

Economy Retailers must find competitive edge: experts

Up to 72 percent of enterprises support TPP

Contact Us