Philippines cuts 2018 GDP growth goal, raises inflation targets The Philippine government has shaved its economic growth target for this year and raised inflation forecasts for 2018 and 2019, reflecting caution as soaring consumer prices […]
Infrastructure in Indonesia: 13 New Toll Road Projects to Be Completed In the 2015-2017 period, a total of 332 kilometers of toll roads were added to the nation’s toll road network. Meanwhile, in the January-September […]
Remittances shrink anew, 8-month total just $19.1 billion MONEY sent by Filipino migrant workers contracted anew in August this year, reversing the growth gains seen in the previous month. — Business Mirror Tax hike suspension […]
27 dead in floods, landslides on Indonesia’s Sumatra island Torrential rains triggered flash floods and landslides on the Indonesian island of Sumatra, killing at least 27 people, including a dozen children at a school, officials […]
Tourist arrivals rise 8.5% in 8 months Foreign arrivals increased by 8.5 percent to 4.85 million in the first eight months despite a decline in a number of top source markets, according to data from […]
Search called off for Sulawesi disaster victims PALU (Indonesia) The Indonesian authorities yesterday called off the search for thousands of people still believed to be missing since a magnitude-7.4 earthquake and tsunami devastated Palu city […]
More foreign funds flee Philippines in September 2018 The full-blown trade war between the US and China, the weak peso, rising inflation and the damage from Typhoon Ompong prompted foreigners to pull their investments out […]
East Java Struck by M 6.3 Earthquake, No Tsunami Warning A magnitude of 6.3 on Richter Scale earthquake struck Indonesia’s Eastern region of Situbondo and Bali earlier this morning at 01:57 Western Indonesian Time (WIB) […]
Philippines’ Jan-July FDI rises 52.1pc y/y to $6.7bn Net foreign direct investments in the Philippines jumped 52.1 percent in the first seven months of this year from a year earlier to $6.7 billion, the central […]
Death toll in Indonesia quake passes 2,000 as searches for survivors called off The death toll from the earthquake and tsunami on Indonesia’s Sulawesi island has climbed past 2,000, the country’s disaster agency said Tuesday, […]
Duterte scraps Philippines rice import cap to fight inflation Philippine President Rodrigo Duterte has ordered the lifting of two-decade-old restrictions on rice imports, his spokesman said on Tuesday, paving the way for unlimited purchases of […]
Sulawesi Eartquake,Tsunami Death Toll Nears 2,000 Nearly 2,000 bodies have been recovered from Palu since an earthquake and tsunami struck the Indonesian city, an official said on Monday (Oct 8), warning the number would rise […]