Philippines Morning News For August 11

Philippines Morning News For August 11

Paolo Duterte a ‘smuggler’? Trillanes releases documents anew After presidential son and Davao City Vice Mayor Paolo Duterte was implicated in drug smuggling, opposition Senator Antonio Trillanes IV released documents anew linking the former to illegal shipments. — Rappler Foreign investments surge 57% in May Foreign direct investment (FDI) inflows into the Philippines jumped 57 […]

Philippines Morning News For August 10

Philippines Morning News For August 10

Duterte vows to resign if son proven corrupt PRESIDENT RODRIGO R. Duterte on Wednesday vowed to resign if one of his children, particularly his vice-mayor son, is found involved in a corruption scandal hounding the Bureau of Customs (BoC). — BusinessWorld Online PH enters $3T global Halal market THE Philippine Halal Export and Development Promotion […]

Indonesia Morning News For August 9

Indonesia Morning News For August 9

Indonesian Immigration launches WhatsApp booking system for passport application and renewal Any Indonesian who’s had to apply for a passport or renew at an immigration office in Jakarta know the hassle of waking up really early in the morning to be able to get in line with hundreds of others. — Coconuts Jakarta Indonesia’s GDP […]

Philippines Morning News For August 9

Philippines Morning News For August 9

IMF cuts Philippines GDP forecast to 6.6% The International Monetary Fund (IMF) slashed anew its economic growth forecasts for the Philippines after weak private consumption pulled down gross domestic product (GDP) expansion in the first quarter. — The Philippine Star Tourist arrivals in the city up by 3.6 percent in first half of 2017 The […]

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 […]

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