Philippines morning news for May 29

Philippines morning news for May 29

Gov’t maps out financial strategy vs global shocks An inter-agency council has prepared a roadmap that would allow the Philippines to survive external shocks brought about by the possible global growth slowdown. — The Philippine Star PH improves 4 notches in competitiveness report The Philippines ranked 46th out of 63 countries in the 2019 World […]

Lao morning news for May 28

Lao morning news for May 28

Lao PDR’s Ease of Doing Business rank reflecting complex business environment Lao PDR has experienced rapid economic growth over the past 25 years. — Devdiscourse Ministry expands farmland available for dry season crops The Ministry of Agriculture and Forestry achieved its 2018 target by creating an additional 153,000 hectares of agricultural land that can be […]

Indonesia morning news for May 28

Indonesia morning news for May 28

Not so fast: Indonesia regulator says 737 Max may not fly until 2020 (video) While the US Federal Aviation Administration (FAA) is reportedly ‘expecting’ to approve the Boeing 737 Max to return to US skies as early as the end of next month, Indonesia’s aviation regulator is among those internationally saying ‘not so fast’. — […]

Philippines morning news for May 28

Philippines morning news for May 28

ADB approves 300 mln USD loan to support Philippine education The Asian Development Bank (ADB) has approved a 300-million-U.S. dollar loan to support the Philippine government’s efforts to achieve inclusive growth by improving access to high-quality secondary education that responds to labor market needs, the Manila-based bank said on Monday. — Xinhuanet PH, Japan to […]

Lao morning news for May 27

Lao morning news for May 27

Global Fund gives boost to battle against malaria The Global Fund has forecast a budget of over US$2 million in assistance to Laos from 2018 to 2020 to assist with the elimination of malaria and reduce the impact of multi-drug resistance in five southern provinces. — Vientiane Times ADB Supports Employment Service System Development ADB- […]

Indonesia morning news for May 27

Indonesia morning news for May 27

Indonesia Bans Boeing 737 MAX 8s to Fly during Eid Season Indonesian Transportation Minister Budi Karya Sumadi said Boeing 737 MAX 8s remain banned so that these aircraft could not yet be operated for carrying passengers during the Eid al-Fitr holiday season. — Tempo Indonesia hopes ‘new Bali’ will drive tourism boom but the locals […]

Philippines morning news for May 27

Philippines morning news for May 27

Govt set to submit record P4.1-t budget to Congress The Budget Department plans to submit to Congress a record P4.1-trillion national government budget for 2020 on the same day President Rodrigo Duterte delivers his fourth State-of-the-Nation Address in July this year, acting Budget Secretary Janet Abuel said over the weekend. — Manilastandard.net Philippines bans official […]

Lao morning news for May 24

Lao morning news for May 24

Laos-Vietnam trade deficit set to drop to US$227 million The Lao government has set a target of reducing the trade deficit with Vietnam to about US$227 million this year, with the country producing more products for export. — ANN/ Vientiane Times Northern Laos battles locust outbreak Northern Lao province of Huaphan has been affected by […]

Indonesia morning news for May 24

Indonesia morning news for May 24

Jakarta riots death toll rises to eight, more than 700 injured At least eight people were killed in two days of post-election riots in Central Jakarta, while hundreds required medical care, the city administration said on Thursday. — The Jakarta Post Kadin pegs riot-inflicted trade transaction losses at Rp1.5 trillion Potential losses in trading transactions […]

Philippines morning news for May 24

Philippines morning news for May 24

‘Hot money’ outflows dip to $299M in April FOREIGN portfolio investments or “hot money” net outflows reached $298.83 million in April, lower than March’s $739 million and reversing the $279.29-million inflow posted a year ago, Bangko Sentral ng Pilipinas (BSP) data showed on Thursday. — The Manila Times Debt-to-GDP ratio rises to 44% in Q1 […]

Lao morning news for May 23

Lao morning news for May 23

China grants ICT development for trade, investment facilities The Lao government expects that regional and international economic links in the areas of trade and investment will flourish with the development of necessary tools that will improve the business environment. — ANN/ Vientiane Times Stakeholders Seek Ways To Address Urgent Challenges Facing Mekong On May 20-21, […]

Indonesia morning news for May 23

Indonesia morning news for May 23

Protesters, police clash in second night of post-election protests in Indonesia Indonesian police fired water cannon and rubber bullets at protesters setting fires and trying to breach barbed wire barricades on Wednesday as demonstrations over the outcome of the presidential election hit the capital for a second night. — Reuters Indonesia to invest in mega […]

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