MANILA, Philippines – BMI Research said the positive economic outlook and rising household income is likely to translate to a modest 5.4 percent growth in real consumer spending between 2017 and 2021. In its latest industry trend analysis titled “Modest growth in Philippine consumer spending,” the research arm of the Fitch Group said the projected […]
Read MoreJAKARTA — Motorcycle sales in Indonesia rose 15.2% in May from a year earlier, data from an industry association showed on Monday. These sales are also the highest growth rate since August 2014, according to Thomson Reuters data. Sales stood at 531,496 motorbikes in May, up from 461,506 sold in the year-ago period. It was […]
Read MoreThe Ministry of Labour, Immigration and Population signed an MoU with Singapore’s Temasek Foundation-Singapore Polytechnic in Nay Pyi Taw on Thursday to cooperate on establishing a technical institution quality assurance framework for Myanmar workers. U Thein Swe, minister of Labour, Immigration and Population, said the purpose of the MoU is to assist the main duties […]
Read MoreMANILA, Philippines – The government is retaining its economic growth targets over the medium term as it expects the country’s macroeconomic fundamentals to remain stable, the inter-agency Development Budget Coordination Committee (DBCC) said Friday. Budget Secretary and DBCC chairman Benjamin Diokno said gross domestic product (GDP) growth forecast remains unchanged at 6.5 percent to 7.5 […]
Read MoreMANILA, Philippines – The Bureau of Customs (BOC) collected P39.34 billion in May, exceeding the P38.28-billion target for the month, the Department of Finance (DOF) said yesterday. Citing Customs Commissioner Nicanor Faeldon’s report to Finance Secretary Carlos Dominguez, the DOF said the bureau’s collection in May rose by 23.52 percent from the P31.85 billion recorded […]
Read MoreMANILA, Philippines – The country’s trade deficit narrowed by 20.5 percent in April on double-digit growth in exports to East Asia and the European Union (EU) , the National Economic and Development Authority (NEDA) said yesterday. Total trade in goods in April rose by 4.6 percent to $11.663 billion from $11.149 billion last year, data […]
Read More
Thailand
