Manufacturers across Asean entered the new year with subdued activity, with only the Philippines and Myanmar seeing increased Year-on-Year (YoY) output. Both, however, saw the majority of their annual increase eroded in the first month […]
Malaysia and Indonesia rush to slice up $3tn global halal market Japan may have a minuscule Muslim population, but the country still represents the way forward for Malaysia’s Faisal Ahmad Fadzil and his line of […]
PH trade deficit tops $41 billion in 2018 The Philippines’ trade gap increased by half last year as imports continued to outpace country’s exports, data from the Philippine Statistics Authority (PSA) showed yesterday. — Manila […]
A Memorandum of Understanding (MOU) signed between the Asian Development Bank (ADB) and World Health Organization (WHO) in Manila last Friday (Feb 8) may one day result in universal healthcare throughout the region. The agreement […]
Current account deficit recorded at 2.98 percent of GDP in 2018 Bank Indonesia has announced that the current account deficit increased to US$31.1 billion, 2.98 percent of gross domestic product (GDP), in 2018 from the […]
Philippines in fourth straight month of weaker long-term investment inflows Long term equity capital entering the Philippines from overseas slowed for the fourth straight month in a row in November 2018 — a trend reversal […]
Indonesia sees $2.2 billion windfall from halal labelling rule Indonesia is set to make halal labelling mandatory for consumer products and services this year with the government assuming greater control of the certifying process from […]
BIR eyes $7.3-million Korean grant for invoice system The government plans to tap a $7.3-million grant from the Korea International Cooperation Agency to implement the first phase of the electronic invoicing system mandated under the […]
Government teams up with Australia to improve employment, workforce The government will work together with its Australian counterpart to address employment and labor force issues, as Indonesia’s demographics could pose challenges for its economy in […]
Philippines set to pass budget on Friday after monthlong impasse The Philippines’ 2019 budget is set to be ratified on Friday, ending a monthlong impasse and limiting the damage to one of Southeast Asia’s fastest-growing […]
Indonesia economy posts 5.17% growth in 2018 Indonesia posted slightly stronger economic growth in 2018, data showed Wednesday, but it still fell well short of President Joko Widodo’s seven-percent target as elections draw closer. — […]
Congress fails to pass budget bill LAWMAKERS missed their self-imposed Wednesday deadline to approve the much-delayed 2019 national budget bill. — The Manila Times 3 public-private partnerships projects secure preparation funding Funding has been approved […]