Indonesia turns into timber, furnitures production amid trade war

THE Indonesian government is mulling over banking on its timber and furnitures industry to seize the momentum amid the ongoing trade war between the...
Bank Negara Malaysia

Malaysia maintains policy rate

Backed by a resilient economy, Malaysia’s central bank kept its benchmark interest rate unchanged for a second straight meeting, even as other central banks...

Thailand OKs perks to lure foreign investors

THAILAND on Tuesday has approved fresh perks to woo foreign investors and relocate their production base in the country.The approved package includes tax incentives,...

Philippine investors unfazed by CITIRA as foreign pledges up

THE increase in foreign direct investment (FDI) during the first half of the year showed that businesses were not spooked by the planned rationalization...

RCEP negotiations set for conclusion in November

THE Association of Southeast Asian Nations (ASEAN) and its six trade partners are hoping for the conclusion of the negotiations for the Regional Comprehensive...

Malaysia hopeful of US-China trade deal amid heating tensions

Malaysia is hoping for a positive outcome on the United States and China’s year-long trade rift, saying further spat would negatively affect global economies...

African Swine Fever hits Philippine hogs

THE Agriculture department of the Philippines has confirmed the presence of an African Swine Fever (ASF), following weeks of testing the local hogs for...

The meteoric rise of Vietnam’s export-led manufacturing sector

30 kilometres east of Hanoi, Bắc Ninh is Vietnam’s smallest province, yet boasts the highest population density among any other province. Starting this summer, it...

Philippine inflation drops to a three-year low

PHILIPPINES saw inflation rate last month fell to a three-year low as a result of a recently-enacted measure which capped the prices of rice...

Philippines’ Metro Pacific Hospital files for P83-billion IPO

Metro Pacific Hospital Holdings Inc. (MPHHI), a subsidiary of Metro Pacific Investments Corp. (MPIC), one of Philippines’ largest conglomerates, is seeking to raise P83...

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Indonesia’s Papuan lies continue

Indonesia has opened its Sorong Special Economic Zone (SEZ) on a 524-hectare site in the troubled province of West Papua.  Speaking at the inaugural ceremony,...

Singapore dethrones the US as the world’s most competitive economy

Singapore is now the world’s most competitive economy after overtaking the United States, which was last year’s number one, in the World Economic Forum...

Philippines looks to buy Russian nuclear ship

A copy of Russia's controversial floating nuclear power station could power remote Philippine islands, according to Manila’s trade secretary, Ramon Lopez.Philippine’s president, Rodrigo Duterte,...