MANILA, Philippines – Domestic manufacturing sustained its growth momentum in April although at a slower pace compared to March, according to the latest reading of the Nikkei Philippines Manufacturing purchasing managers’ index (PMI) Domestic factory output registered a PMI reading of 53.3 in April, slightly down from 53.8 in March but nonetheless signaling “another solid […]
Read MoreTEMPO.CO, Jakarta – President Joko Widodo or Jokowi with the Indonesian Chamber of Commerce and Industry (Kadin) attended the 30th ASEAN Summit held in Manila, Philippine, on April 28-30, 2017. On the sidelines of the summit, Kadin was involved in a business dialogue with local businessowners held at Conrad Hotel in Manila on Monday Morning, […]
Read MoreTEMPO.CO, Jakarta – President Joko ‘Jokowi’ Widodo and Philippine President RodrigoDuterte on Sunday (30/4) launched a ferry route between the two countries. The roll-on, roll-off (roro) ferry is set to ply the Davao-General Santos-Bitung route. With the launch of the service, both leaders expected a boost in trade. Jokowi said said the trade between the two countries would […]
Read MoreMANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) sees inflation rising to between three and 3.8 percent this month due to higher oil prices as well as more expensive power and water. BSP Governor Amando Tetangco Jr. said inflation would remain elevated due to the upward adjustments in electricity and water rates as well […]
Read MoreMANILA, Philippines – The Philippines has taken the limelight in Southeast Asia not only as the host of the ASEAN Summit this year, but also as a center of infrastructure development in the region given the government’s aggressive infrastructure push. The country’s lead infrastructure agencies said in a press briefing yesterday their respective infrastructure development […]
Read MoreMANILA, Philippines – Vietnam, the country’s largest rice supplier, has renewed its commitment to aid the Philippines in its rice import requirements amid an ongoing order from President Duterte to defer all rice importation. Trade Undersecretary Ceferino Rodolfo said the commitment was relayed by Vietnamese Vice Minister for Trade and Industry Tran Quoc Khanh during […]
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