The Philippines is looking forward to increased foreign investments in the wake of high-level roadshows promoting opportunities in the country. “We hope to benefit from the transfers of technology that invariably tracks investment flows,” Finance Secretary Carlos Dominguez was quoted as saying by the Finance department during Tuesday’s Philippine Economic Briefing in Tokyo. A second […]
Read MoreHANOI — The Ministry of Industry and Trade (MoIT) will submit a draft decree to ease the entry of businesses into the gas trading market. The ministry on Wednesday said it has completed its assessment of the draft after collecting opinions from ministries and relevant agencies and would submit it to the Government in the next few days. This move follows […]
Read MoreThe country’s economy is likely to achieve the 3.8% growth forecast by the Bank of Thailand, mainly because of consistently strong export growth, says Krisada Chinavicharana, head of the Fiscal Policy Office (FPO). The Finance Ministry’s think tank will review its economic growth forecast late next month. It predicts Thailand’s GDP and exports this year […]
Read More[SINGAPORE] Singapore’s total bank lending in August rose 0.3 per cent from July, on the back of higher loans to financial institutions, central bank data showed on Friday. Loans and advances by domestic banking units in the city-state amounted to S$634.4 billion last month, up from S$632.6 billion in July. Bank lending in August rose […]
Read MoreThe Association of Southeast Asian Nation’s (Asean) plans to forge closer energy ties have taken a major step forward after Malaysia, Thailand and Laos sealed a cross-border trading arrangement. The Energy Purchase Wheeling Agreement (EWPA), described as the region’s first multilateral power grid deal, allows Malaysia to purchase up to 100 megawatts of electricity from Laos […]
Read MoreMANILA, Philippines — The Philippines finds the benefits of the Trans-Pacific Partnership (TPP) too hard to resist even without the US, citing it as the reason for the country’s recent revival of interest in joining the mega-trade deal. The country has had a change of hearts recently about joining the deal after deciding to shelve […]
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