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8 Phlilippine companies in Forbes Global 2000 top firms

MANILA, Philippines –  Eight companies from the Philippines are among the world’s best and largest public companies. This is according to this year’s Forbes Global 2000 list, a yearly ranking of companies around the world based on their sales, profit, assets and market value. The Sy family’s SM Investments Corp. tops the list of Philippine […]

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Singapore sees growth exceeding 2%

SINGAPORE: Singapore’s government gave an upbeat outlook on the economy, saying it will probably expand more than 2% this year as exports continue to strengthen. The Trade and Industry Ministry maintained its GDP growth forecast for 2017 at 1% to 3%, but said the economy will likely grow faster than the 2% expansion in 2016, […]

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Malaysia Airlines sees strong bookings after tough Q1

KUALA LUMPUR: Malaysia Airlines continued to see strong bookings after a tough Q1 FY17 with a 45% improvement in forward bookings for the next six months from June to November 2017 compared with a year ago. Announcing the results of its performance, the national carrier said on Friday it was maintaining its cautious outlook for […]

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Laos, Thailand agree on business cooperation to boost economy

Laos and Thailand have agreed to cooperate on business development to promote trade and investment in order to boost economic efficiency and relations between the two countries. The government and business sectors of the two countries yesterday signed eight Memorandums of Understanding (MoU) in Vientiane at the Laos-Thai Business Forum. The first MoU is to […]

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Myanmar: Planning and finance minister hints at favouring import substitution

The administration will focus on supporting the developments of local small and medium enterprises (SMEs) through measures such as tackling illegal trade, boosting export-oriented businesses and improving industrial zones, according to the vice president, the minister of the Ministry of Planning and Finance and Yangon Region’s chief minister. Notably, the planning and finance minister also […]

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