Indonesia`s Exports Down 19 Percent in June Indonesia`s exports fell 19.8 percent to around US$13 billion in June 2018 from $16.2 billion a month earlier, according to the Central Statistics Agency (BPS). — Tempo.co IIGF […]
Remittance growth eases to 6.1% in May 2018 Remittances from Filipinos abroad grew above six percent in May, helping boost the country’s thinning foreign exchange buffer against external shocks, the Bangko Sentral ng Pilipinas (BSP) […]
Ayala unit completes $150-m wind farm in Indonesia PT UPC Sidrap Bayu Energi, a special purpose company composed of three energy companies including the energy unit of Ayala Corp. formally inaugurated early this month a […]
SC ruling on IRA to cost gov’t P1.5 T — DOF The Supreme Court ruling that includes all national taxes in the internal revenue allotments (IRA) of local government units (LGUs) may cost the national […]
Indonesia to buy majority Grasberg stake for $3.85bln State-owned PT Indonesia Asahan Aluminium (PT Inalum) will become a 51% shareholder in Grasberg, the world’s second largest copper mine, buying shares from Rio Tinto and Freeport-McMoRan […]
Duterte pressed to assert 2016 arbitration victory vs China Philippine President Rodrigo Duterte has come under renewed pressure to seek Chinese compliance to an arbitration ruling that invalidated China’s claims to much of the South […]
Indonesia Estimated to Have US$1 Bln Surplus in Foreign Trade Bank Indonesia (BI) Governor Perry Warjiyo said he estimated the country was favored with a surplus of US$1 billion in its foreign trade in June, […]
Philippines ‘below average’ in regional innovation ranking THE PHILIPPINES’ rank in terms of innovation was unchanged from a year ago, despite “high scores” in business environment, education and information and communications technology (ICT), according to […]
Indonesia’s SMI raises 1.5 trillion rupiah in bonds to fund green projects Indonesia’s Sarana Multi Infrastruktur (SMI), a state-owned infrastructure financing firm, said on Tuesday it had issued a combined 1.5 trillion rupiah ($104.6 million) […]
Cabinet approves P3.757-T budget for 2019 Malacanang on Tuesday announced that the Cabinet of President Rodrigo Duterte approved the proposed PHP3.757-trillion budget for year 2019. — Philippine News Agency 4-mo direct investments surge 24% Foreign […]
You have a greater chance of being killed in an early model Toyota Corolla than a later model version. That is the grim message from road safety experts in Australia and New Zealand after a […]
Why Indonesia must ratify nuclear weapon ban treaty A year ago on July 7, 2017, the United Nations General Assembly adopted a resolution that pushes forward a new treaty on the Prohibition of Nuclear Weapons. […]