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          Updated: August  21,  2017

• PHL payments deficit widens to $678M in July
The Philippine balance of payments (BOP) deficit widened further in July on the back of the central bank's financial exchange

• Malaysia surprises with 5.8% GDP growth, may add fuel to early election talk
Malaysia's economy expanded at the fastest pace in more than two years in the second quarter on the back of domestic demand

Steelmaker to invest in $97m factory

Nam Kim Steel Joint Stock Company has approved a report on the pre-feasibility study, conducted for setting up a steel sheet factory


• UN envoy meets with NEC
The National Election Committee (NEC) yesterday told United Nations Special Rapporteur Rhona Smith that election monitoring


• Banks loosen purse strings for small businesses
Instead of lending to large companies, more and more banks have started to lend to small businesses to hedge their risks.


   Updated : August 18, 2017
Singapore
The Straits Times Index (STI) ended 16.89 points or 0.52% lower to 3251.99, taking the year-to-date performance to +12.89%.

Malaysia
The FBM KLCI index lost 0.09 points or 0.01% on Friday. The Finance Index fell 0.07% to 16777.48 points, the Properties Index up 0.31% to 1255.07 points and the Plantation Index rose 0.59% to 7825 points. The market traded within a range of 6.18 points between an intra-day high of 1776.22 and a low of 1770.04 during the session. More

      Updated: July 31,  2017
A Dramatic Year Fails to Smooth the South China Sea
Last September 14, while Myanmar’s de facto leader Aung San Suu Kyi was visiting Washington, President Barack Obama announced with considerable hoopla that the United States was lifting its remaining sanctions on Myanmar. Today, nearly nine months later, American companies  resident-elect Donald Trump’s foreign policy team is taking shape, with the choice of ExxonMobil chief executive
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    Updated: July 31,  2017
Biweekly Update
Duterte visits Marawi as battle drags on
Philippine president Rodrigo Duterte on July 20 visited Marawi City to address troops fighting to win back control of the city from fighters linked to the Islamic State. The Marawi siege began on May 23 and has claimed nearly 600 lives so far. Duterte’s visit to Marawi

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