MANILA, Philippines – The country’s trade deficit widened 56.5 percent to $1.728 billion in February from $1.104 billion a year ago as manufacturing and consumption-related imports outpaced exports during the month, the Philippine Statistics Authority (PSA) said. Imports grew 20.3 percent to $6.511 billion in February on increased inbound shipments of the following goods: mineral […]
Read MoreCambodia and Vietnam made progress toward ambitious economic targets after trade between the countries rose 21.2 percent in the first two months of this year, worth about $624.1 million. Thach Du, Vietnamese ambassador to Cambodia, told local media his nation was Cambodia’s third largest trade partner last year, while bilateral trade between the countries hit […]
Read MoreWith Vietnam’s economy slowing down in the first quarter, the government has requested that state-run corporations and associations pull out all the stops to help the country achieve the full-year GDP growth target. Vietnam logged a 5.1 percent GDP growth rate in the first three months of this year, the slowest quarterly pace in three […]
Read MoreMANILA, Philippines – The World Bank retained yesterday its 2017 growth projection of 6.9 percent for the Philippines but slightly revised downward its outlook for 2018. The multilateral development bank said the domestic economy is likely to sustain a 6.9 percent growth in 2018 – down from its December projection of seven percent – and […]
Read MoreTEMPO.CO, Jakarta – Vice President of the Republic of Indonesia Jusuf Kalla has ensured that Indonesia’s political situation is stable and there is no major turmoil that would hamper investment. VP Jusuf Kalla conveyed the message in his opening speech at The 3rd Islamic Development Bank Member Countries Sovereign Investments Forum in Nusa Dua, Bali, […]
Read MoreThere is extra cash in the kitty this year to help companies trying to break into overseas markets. The increased funds are for a scheme where IE Singapore joins forces with local trade associations and chambers of commerce to organise trade fairs and business missions. Up to 70 per cent of the costs of these […]
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Thailand
