MANILA — The Philippine economy grew at its slowest pace in more than a year in the first quarter, but resilient exports and strong consumer spending are likely to keep momentum buoyant this year. The pace was the weakest for the Southeast Asian economy since the last quarter of 2015, but the government said the […]
Read MoreThe import of seeds, fertilisers, hospital equipment and building materials by foreign businesses will soon be permitted for the first time, U Khin Maung Lwin, assistant secretary from Ministry of Commerce, told The Myanmar Times. Procedures to permit non-Myanmar firms to trade agricultural products and building materials have been ongoing, and negotiations with related ministries are […]
Read MorePrivate investment growth is expected to pick up in the second half of 2017, helped by a strong recovery for exports, says the Bank of Thailand. Thailand saw a contraction in private investment in the first quarter of 2017. “A more robust recovery in merchandise exports is expected to drive private investment growth in the […]
Read MoreSINGAPORE – Non-oil domestic exports (NODX) disappointed with a 0.7 per cent year-on-year decline in April, after growing strongly for five straight months, as shipments of pharmaceuticals among some other non-electronic products slumped. Analysts polled by Bloomberg were expecting April exports to rise by 13 per cent, a slower pace to March’s robust 16.5 per […]
Read MoreCambodia has yet to set its loan application policies to borrow funds from the Asian Infrastructure Investment Bank (AIIB) because the country can still get highly concessional rates from development partners, Minister of Economy and Finance Aun Pornmoniroth said. Mr Pornmoniroth said at a meeting with AIIB president Jin Liqun at the sidelines of the […]
Read MoreCross-border credit information exchange plays an important and necessary role in promoting the quality and efficiency of investment and business activities for 21 member economies in the Asia Pacific region. This was stated by experts at a seminar on Tuesday on this issue. Addressing the APEC seminar on cross border credit information exchange in Ninh Binh, […]
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