MANILA (Xinhua) – Philippine trade grew 14.2 per cent in January this year buoyed by export receipts, the government said on Friday, while warning that US protectionist policies may hamper its momentum and global recovery. The National Economic and Development Authority said in a statement that the Philippines recorded a total 12.6 billion US dollars […]
Read MoreDemand for affordable housing will support industry, say industry players WHILE a cautious stance will likely be the general stand for most local property developers this year, industry experts have ascertained that the sector will be anything but bleak in 2017. With the high cost of living, CBRE|WTW managing director Foo Gee Jen says there […]
Read MoreMANILA: Asean and the European Union agreed on Friday to work toward resuming stalled free trade agreement talks and counter a trend toward protectionism. In a joint statement, economic ministers of Asean and European Trade Commissioner Cecilia Malmstrom said the global economic outlook had improved. But they expressed caution over uncertainties arising from “growing protectionist […]
Read MoreGreater use of the national currency is key to accelerating trade and increase tourism. Over the last few years the Director of the Statistics Department at the National Bank of Cambodia began observing an unanticipated development while conducting field observation studies of trade at border crossings – the riel is being accepted for purchases in […]
Read MoreThe Monetary Authority of Singapore (MAS) is looking at using distributed ledger technology (DLT) – better known as blockchain technology – in settlements for bond trading and cross-border payments. The central bank plans to test the technology in the bond trading and settlement cycle to make the process more efficient, in a project to be […]
Read MoreJAKARTA: Indonesia’s central bank has cut borrowing costs enough to spur growth in the economy, senior deputy governor Mirza Adityaswara said, giving his clearest signal yet that the bank’s easing policy is over as inflation pressures pick up. Boosting growth is “not about interest rates anymore,” Adityaswara said in an interview here yesterday. “We monitor […]
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Thailand
