Vietnam: Steel prices set to increase Thursday, 11 August 2016 – Domestic steel prices are expected to rise in the near future, thanks to increasing construction demand, the real estate market’s recovery and high consumption, Vi?t Nam Steel Association (VSA) said.Nguy?n V?n S?a, VSA’s vice chairman, said the selling price of steel billets and bars […]
Read MoreSingapore: Singapore trims 2016 growth forecast : What economists say Thursday, 11 August 2016 – Singapore cut the top end of its 2016 growth forecast on Thursday (Aug 11) after the economy expanded less than previously estimated in the second quarter, underscoring a weakening global outlook. The economy is now expected to grow by 1 […]
Read MoreSingapore: Slump in Singapore exports forecast to ease though shipments will still contract in 2016 Thurday, 11 August 2016 – Singapore’s trade promotion agency has tightened upwards its forecasts for non-oil domestic export (NODX) growth for 2016 to -4 to -3.0 per cent from -5.0 to -3.0 per cent previously. It also narrowed upwards its […]
Read MoreIndonesia: Indonesia employs Chinese celeb to attract tourists Thursday, 11 August 2016 – Indonesia has appointed Canadian-born Chinese actress Christy Chung to act as a tourism ambassador for the country. The Antara news agency reports that Ms Chung, who has starred in movies alongside Jet Li and Jackie Chan, will work with the ministry on […]
Read MorePhilippines: Net FDI down in May Thursday, 11 August 2016 – Elections likely caused investor jitters in May, pulling down foreign direct investments (FDI) by nearly a 10th, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. FDI recorded a net inflow of $364 million, 9.6 percent down from $403 million in the same period a […]
Read MorePhilippines: Exports drop for 15th straight month in June Thursday, 11 August 2016 – Merchandise exports fell 11.4 percent in June, its 15th straight month of decline, due to the persistent weak demand from major export markets, the National Economic and Development Authority (NEDA) said yesterday. Based on Philippine Statistics Authority (PSA) data, total export […]
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