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Philippines sees 6.5% growth

MANILA (Reuters) – The Philippine economy is expected to expand between 6.5 and 7.0 percent in the first quarter or faster, the economic planning minister said yesterday, putting the government on track to meet its full-year target. The Asean economy is among the world’s fastest growing with gross domestic product expanding by 6.8 percent in […]

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Vietnam, Laos border trade agreement passed

The Government has approved the border trade agreement between Vietnam and Laos, which was inked on June 27, 2015 in the central province of Nghe An. Ministry of Foreign Affairs has been instructed to process necessary foreign procedures relating to the agreement in accordance with regulations and laws. The agreement is expected to create a […]

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A delivery worker pushes a trolley laden with goods in Singapore's Little India district on July 25, 2016. / AFP PHOTO / ROSLAN RAHMAN
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S’pore CPI rises for 3rd consecutive month

SINGAPORE (Xinhua) – Singapore’s Consumer Price Index (CPI) rose in February for the third consecutive month, reflecting a larger increase in private road transport cost, said Ministry of Trade and Industry and Monetary Authority of Singapore (MAS) in a joint release on Thursday. CPI-All Items inflation edged up to 0.7 per cent year-on-year in February, […]

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Brunei: Trade balance recorded BND369.1M in January

FOR the month of January 2017 Brunei Darussalam’s Trade Balance was BND369.1 million. Total exports amounted to BND694.9 million, while imports were valued at BND325.8 million. Mineral fuels recorded the highest contribution of 92.7 per cent of total exports, comprising crude oil (BND309.7 million) and liquefied natural gas (LNG) (BND334.8 million). According to a press […]

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Vietnam not prepared for retail market expansion

VietNamNet Bridge – Vietnam has opened its retail market widely to foreign investors under WTO commitments and FTAs. It should not try to restrict foreign retailers’ expansion, but instead support Vietnamese retailers by creating a level playing field, experts have said. Since January 1, 2008, theyhave been able to set up joint ventures in which […]

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