Net ‘hot money’ hits $1.09B as of early Dec Foreign portfolio investments hit a net inflow of $1.092 billion early in December, Bangko Sentral ng Pilipinas (BSP) data showed, rebounding from a net outflow posted […]
No systematic effort to clear landmines in Myanmar: watchdog There is no systematic effort being conducted by the government to clear landmines in the country, according to a report recently released by the International Campaign […]
Tsunami from erupting Krakatau kills at least 222 in Indonesia A tsunami killed at least 222 people and injured hundreds on the Indonesian islands of Java and Sumatra following an underwater landslide believed caused by […]
Investment pledges hit record P907.2b in 2018 The Board of Investments registered record investment pledges of P907.2 billion in 2018, up 47 percent from the previous all-time high of P616.8 billion in 2017. — Manilastandard.net […]
Bank Indonesia Holds Rates, but More Tightening Expected in 2019 Bank Indonesia kept its benchmark interest rate unchanged as expected on Thursday, though it reasserted that it would act to defend the exchange rate when […]
Fitch reaffirms Philippines investment grade, flags overheating risks Fitch Ratings yesterday cautioned the Philippines about overheating risks, including strong credit growth and wider current account shortfall, as it reaffirmed the country’s investment grade credit rating. […]
Internet social media channels have been abuzz this past week as netizens from across the globe lined up behind their national entrants in the 2018 Miss Universe pageant. Held at the Impact Arena, Exhibition and […]
Indonesia seeks $60bn Chinese investment for infrastructure projects Indonesia is offering a series of new projects worth up to $60 billion for Chinese investment to boost its participation in China’s belt and road programme, according […]
BoP position improved to $847-m surplus in November The balance of payments position swang to a surplus of $847 million in November from a deficit of $44 million in October, lifted by the foreign exchange […]
Jakarta records low budget expenditure akarta city secretary Mohammad Saefullah stated that the administration had used only 67.65 percent of its Rp 75 trillion (US$5.17 million) 2018 budget, a low figure that concerns many as […]
External debt service rises by 11% in September The country’s external debt service burden was up by 11 percent year-on-year to $5.88 billion end- September, based on Bangko Sentral ng Pilipinas (BSP) data. — Manila […]
Trade Balance Indonesia: $2.05 Billion Monthly Deficit in November 2018 Concern about Indonesia’s Q4-2018 current account deficit as well as the value of the rupiah exchange rate should increase now the country posted a big […]