indo03
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Indonesian coal miners say buyers divert purchases due to unclear vessel rules

JAKARTA: Indonesian coal exports are being disrupted because the government has not issued technical guidance on the implementation of new shipping rules, an industry group said on Thursday. Indonesia, the world’s biggest thermal coal exporter, in 2018 issued regulations requiring its coal and palm oilexporters to use domestic insurance and shipping companies. The insurance requirement […]

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phil03
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Philippines: January BOP deficit highest in 16 months

MANILA, Philippines — The country’s balance of payments (BOP) position booked its widest deficit in 16 months, hitting $1.36 billion in January amid the strong outflows of foreign exchange as the national government settled more external obligations. Data released by the Bangko Sentral ng Pilipinas (BSP) showed the shortfall last month reversed the $2.7-billion surplus […]

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