Malaysia Morning News For August 8

Malaysia Morning News For August 8

Builder of $100 Billion Malaysia City Looks Beyond Spooked Chinese Buyers Country Garden Holdings Co. said it’s looking to attract customers from countries such as Thailand and Vietnam as some Chinese buyers hit by capital controls have pulled back from the $100 billion Forest City project in southern Malaysia.             […]

Philippines Morning News For August 8

Philippines Morning News For August 8

Forex reserves fall to $80.8 B in July The foreign exchange buffer of the Philippines narrowed for the second straight month to hit a seven-month low of $80.78 billion in July, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. — The Philippine Star PSEi rises 0.75%, mirroring US market Investor interest buoyed share prices on […]

Indonesia Morning News For August 7

Indonesia Morning News For August 7

Japan Tobacco to Buy Indonesian ‘Kretek’ Cigarette Firms for $677m Japan Tobacco on Friday (04/08) said it has agreed to buy an Indonesian maker of “kretek” tobacco and clove cigarettes, together with its distributor, for $677 million, giving it a bigger footprint in the world’s second-largest tobacco market. — Jakarta Globe Indonesia, Russia to trade […]

Philippines Morning News For August 7

Philippines Morning News For August 7

Consumer spending to boost GDP in H2 The expected increase in household and government consumption would help GDP grow by more than 7 percent in the second half of the year, according to the National Economic and Development Authority (Neda). — Business Mirror Duterte’s ‘Build, Build, Build’ plans hit Philippine peso Philippine construction firm Teravera […]

Indonesia Morning News For August 4

Indonesia Morning News For August 4

Indonesia Commissions First Attack Submarine in 34 Years The Indonesian Navy (Tentara Nasional Indonesia – Angkatan Laut) has commissioned its first attack submarine in over three decades this week. — The Diplomat Indonesia: Emtek pours $25.8m into VCs in H1, reveals minority investment in Grab Emtek Group, one of Indonesia’s largest media conglomerates and among […]

Philippines Morning News For August 4

Philippines Morning News For August 4

PH proposal on commercial use of SCS dropped from code framework The Association of Southeast Asian Nations (ASEAN) and China omitted from the framework of a pending rules code on the South China Sea – a proposal by the Philippines to protect commercial and non-military activities in the disputed waters. — CNN Philippines Singaporean firm […]

Indonesia Morning News For August 3

Indonesia Morning News For August 3

China’s infrastructure diplomacy in Indonesia As the lack of infrastructure is seen as a bottleneck for growth, nations throughout the world have made this their primary focus. The realization that developing countries face difficulties with this and need very much support has given rise to a new kind of diplomacy — infrastructure diplomacy. — The […]

Philippines Morning News For August 3

Philippines Morning News For August 3

Auto sector to get ‘triple whammy’ from tax plan On top of increasing excise tax on petroleum products and automobiles, the Duterte administration is also poised to impose higher registration fees for all motor vehicles, Senate President Pro Tempore Ralph G. Recto reported on Wednesday. — Business Mirror Government subsidies to GOCCs double to P32.31 […]

Indonesia Morning News For August 2

Indonesia Morning News For August 2

Deadline for Indonesia to be Free from Measles and Rubella President Joko Widodo (Jokowi) has expressed his hope that Indonesia would be free of rubella and measles by 2020. — Netral News CIC-backed Indonesian miner Bumi completes $2.6b rights issue, saved from collapse Bumi Resources, an Indonesian mining company backed by China Investment Corporation (CIC), […]

Philippines Morning News For August 2

Philippines Morning News For August 2

PHL enters $3-trillion global halal market THE Philippines is now ready to join the $3.2-trillion global halal market after the Philippine Halal Export and Development Promotion Board, led by the Department of Trade and Industry (DTI), adopted on July 26 the implementing rules and regulations (IRR) of Republic Act 10817, or the Philippine Halal Export […]

Indonesia Morning News For August 1

Indonesia Morning News For August 1

University of indonesia tops webometrics ranking The University of Indonesia (UI) has once again achieved the first rank as the best university in Indonesia, according to Webometrics Ranking of World Universities 2017. — Antara News Indonesia manufacturing PMI falls to 48.6 in July The Nikkei Indonesia Manufacturing Purchasing Managers’ Index, or PMI, fell to a […]

Philippines Morning News For August 1

Philippines Morning News For August 1

Philippines lags behind Asean-5 peers on WTO’s 2017 importers, exporters list The Philippines trailed behind its Asean-5 neighbors on the list of top world exporters and importers, World Trade Organization (WTO) data showed. — Business Mirror Bank loans up 19% to P6.43 T in June Bank credit grew faster at 19 percent in end-June due […]