MANILA, Philippines — The country’s trade deficit fell 30.37 percent in July as the double-digit growth in exports offset the decrease in imports, the Philippine Statistics Authority (PSA) reported yesterday. Total external trade in goods in July 2016 reached 12.22 billion, up 2.2. percent from $11.95 billion in July 2016. Total exports rose 10.4 percent […]
Read MoreThe Kingdom’s biggest industrial park is moving beyond its initial development stage and looking to attract nearly 200 new tenants in the next five years as it doubles its footprint. Established in 2008, the Sihanoukville Special Economic Zone (SSEZ) sprawls over 1,100 hectares in the hills to the east of Sihanoukville and the Kingdom’s only […]
Read MoreTEMPO.CO, Jakarta – The government has denied a rumor that it is planning to import liquefied natural gas (LNG) from Singapore. The Coordinating Minister for Maritime Affairs Luhut Pandjaitan said that the government is only negotiating a deal to build mini infrastructure that can transport LNG to small power plants. “It’s not an import deal. And it […]
Read MoreNanning, China – China and members of the Association of Southeast Asian Nations (ASEAN), which includes the Philippines, are expected to enhance further the cooperation on investment and production in several fields as the city hosts the 14th China-ASEAN Expo (Caexpo). “Bilateral high-level forums on production capacity and investment cooperation will be held between China […]
Read MoreSINGAPORE’S overall unemployment rate held steady at 2.2 per cent in the second quarter, according to latest figures from the Ministry of Manpower (MOM). Quarter on quarter, the seasonally adjusted unemployment rate declined for residents from 3.2 per cent in March 2017 to 3.1 per cent in June 2017, and for citizens from 3.5 per […]
Read MoreMANILA, Philippines — Businesses in the Philippines are still largely unenthusiastic on the benefits of membership in the Association of Southeast Asian Nations (ASEAN), according to a study by the Philippine Institute for Development Studies (PIDS). The results of the study titled “What does the ASEAN mean to ASEAN peoples?” showed the business sector in […]
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Thailand
