MANILA: The Philippine economy grew slightly faster in the fourth quarter of last year, but the pace lagged market expectations in the face of weak exports, the statistics agency said on Thursday. Annual growth in the fourth quarter was 6.1 percent, picking up slightly from the previous quarter’s downwardly revised 6.0 percent expansion but less […]
Read MoreHANOI — Vietnam has so far protected 69 products with geographical indications (GI) and six foreign ones. Over the past 10 years, the number of protected GIs has increased by 3.5 times. The figures were released by Director of the Ministry of Science and Technology’s National Office of Intellectual Property (NOIP) Dinh Huu Phi at […]
Read MoreThe Board of Investment (BoI) is normally tasked with promoting foreign investment in Thailand by providing information, services and incentives to interested foreign investors. This year the agency, which operates under the aegis of the Prime Minister’s Office, was assigned to play a greater role in narrowing income disparity by designing privileges for investment that promote […]
Read MoreA regulation requiring exporters to repatriate foreign exchange earnings from the export of natural resources officially took effect on Jan. 10, and the Finance Ministry is determined to ensure compliance. “This is mandatory. That means the regulation must be enforced. There are consequences for those who do not respect the regulation,” Finance Minister Sri Mulyani […]
Read MoreTELCOS here will be forced to consolidate within three years as the Singapore market gets ever more crowded, analysts from credit rating agency Moody’s warned in a report this week. And, while the analysts believe that Singtel will remain the market leader, they cautioned that the arrival of newcomers such as mobile virtual network operators […]
Read MoreMANILA, Philippines — While car importers ended 2018 with a 17 percent drop in sales, the group is upbeat on seeing a recovery this year. In a statement yesterday, the Association of Vehicle Importers and Distributors Inc. (AVID) said their combined sales reached 88,700 units last year, down from 106,285 units in 2017. Total sales […]
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