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Philippines: Net FDI down in May

Philippines: Net FDI down in May Thursday, 11 August 2016 – Elections likely caused investor jitters in May, pulling down foreign direct investments (FDI) by nearly a 10th, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. FDI recorded a net inflow of $364 million, 9.6 percent down from $403 million in the same period a […]

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Philippines: Exports drop for 15th straight month in June

Philippines: Exports drop for 15th straight month in June Thursday, 11 August 2016 – Merchandise exports fell 11.4 percent in June, its 15th straight month of decline, due to the persistent weak demand from major export markets, the National Economic and Development Authority (NEDA) said yesterday. Based on Philippine Statistics Authority (PSA) data, total export […]

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Myanmar: Mandalay trader petitions for mining halt

Myanmar: Mandalay trader petitions for mining halt Wednesday, 10 August 2016 – A Mandalay trader is circulating a petition calling for an immediate but temporary halt to jade mining and a revamp of export procedures, warning the Mandalay market could be headed for disaster if business continues as usual. The petition will shortly be submitted […]

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