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Philippines: Customs collections exceed target in July

MANILA, Philippines — The Bureau of Customs once again surpassed its collection target due to the strong performance of majority of ports nationwide. According to preliminary data from the Financial Service division of the BOC, the agency collected P52.05 billion in customs taxes and duties in July, exceeding the target of P50.07 billion by 3.9 […]

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Malaysia: June exports up 7.6% on-year but below forecast

KUALA LUMPUR: Exports expanded by 7.6% year-on-year (y-o-y) to RM78.66bil in June, extending its growth for four consecutive months, driven by  electrical and electronic (E&E) products, while China continuing to be a strong market. However, the increase in exports was below a Bloomberg survey of 11.5%. RAM Ratings expected Malaysia’s export growth to pick up […]

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Singapore’s Thai investments to grow: study

An HSBC study shows that overall investment into Asean to 2020 is expected to rise amongst Singapore-based companies with Thailand to be a key beneficiary. Thailand’s growing consumer market and overall investment climate are driving the expansion plans. The HSBC-commissioned report by the Singapore Business Federation sought the insights of 1,036 Singapore-based companies on their […]

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