MANILA, Philippines — The Department of Finance (DOF) expects the Philippines to score higher in the economic freedom index of the Heritage Foundation next year, following the enactment of various laws that set improvements on Filipinos’ property rights and trade freedom. In his latest economic bulletin, Finance Undersecretary and chief economist Gil Beltran said the country may perform better in the […]
Read MoreThe import of frozen meat at the Myanmar border will be prohibited from March 1 onwards, U Khin Maung Lwin, assistant secretary of Ministry of Commerce (MOC), told The Myanmar Times. The border ban includes all forms of frozen meat, including red meat, fish and marine produce. However, importing via sea routes is still permitted. The […]
Read MoreThe two petroleum contracts for the Erawan and Bongkot gas blocks are still on track to be signed this month, says the Mineral Fuels Department. The government completed the auction of the Erawan (G1/61) and Bongkot (G2/61) blocks on Dec 12. PTT Exploration and Production Plc (PTTEP) won the concession contracts for both the offshore […]
Read MoreThe Hanoitimes – “The challenge for both businesses and government is to redouble our efforts to get the EVFTA ratified and implemented as soon as possible.” An increasing number of European business leaders are confident of the future of their enterprise and of the economic climate in Vietnam, according to the EuroCham’s Business Climate Index (BCI) […]
Read MoreE-commerce is like a double-edged sword for the Indonesian economy. On the one hand, it has contributed significantly to the country’s state revenue, on the other hand, it has contributed to the country’s trade deficit. The Finance Ministry’s Customs and Excise Directorate General recorded that the contribution of import duties from e-commerce products to state […]
Read MoreKUALA LUMPUR: Malaysia is capable of achieving gross domestic product (GDP) growth of between 4.8 per cent and 4.9 per cent in 2018 on the back of stronger economic figures recently, says Deputy Minister of International Trade and Industry Dr Ong Kian Ming. He said the manufacturing sector would continue to drive the country’s exports […]
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Thailand
