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NEWS UPDATE
NEWS UPDATE    February  23, 2018

• Gov’t to focus on regional infrastructure dev’t medium-term —NEDA

• Bentley launches third generation Continental GT in Indonesia

• Trade between Thailand, Cambodia grows 10%

• Cambodia media freedom in decline, journalists harassed: Report

• Travel agency Konsortium Express and Tours suddenly closes, cites 'financial crisis'



February  22, 2018
• Ayala Land raising P25B via notes, retail bonds

• Indonesia prepares four fiscal incentives to boost investment

• Exports of tra fish to UK increase

• Novaland seeks approval for overseas listing, issuing shares


• Property stocks decline following higher buyer's stamp duty


February  21, 2018
• ADB is increasing lending to PHL

• Almost 375,000 tourists visit Ha Noi during Tet holidays

• Jakarta to receive two MRT trains in March

• NFA rice won’t be available by April or May, says administrator


• Manufacturing industry yet to integrate into global chain


February  19, 2018
• Banking sector sees bright prospects

• BI maintains key rate at 4.25 percent

• VN aims to expand meat exports

• Indonesia records $670m trade deficit in January: BPS

• PHL shares shrug off US inflation spike



February  16, 2018
• E-commerce contributes 0.75 percent to GDP

• Singapore's exports jump 13% year-on-year in January

• Imported rice starts arriving at various ports


• Private sector warns government that high costs imperil investment

• President calls on India firms to do business in Viet Nam



February  15, 2018
• Singapore economy clocks faster-than-expected growth of 3.6% in 2017

• Govt earmarks Rp 36.53b for Idul Fitri travel support

• PHL, Japan to sign Metro Manila subway loan deal in March

• Indonesia remains lucrative market for Singapore tourism

• Aviation sector opens new opportunities for investment



February  14, 2018
• MyTel becomes Myanmar's fourth telecom operator

• RI prepares mechanism for providing unemployment benefits

• Pearl Bank Apartments sold to CapitaLand for S$728m

• Ministry revokes 22 regulations on energy sector

• Looking ahead to Budget 2018: What it could mean for you



February  13, 2018
• Sale of cars in January up 28% year-on-year

• Circulation to reach Rp 4t during IMF-WB annual meeting

• Fruit, vegetable exports up 37% in January

• Cambodia’s economic freedom down slightly last year: report


• Pertamina, PGN to connect 78,367 households through city gas network in 2018


February  12, 2018
• Indonesia posts US$1b balance of payments surplus in 4th quarter of 2017

• HCM City seeks visa waiver extension to boost tourism

• PHL trade gap widens 62.76% to $4.02B in Dec. 2017

• Myanmar and Thailand border trade reaches nearly US$1.16 billion


• PHL factory output down at 9.7% in December 2017



February  9, 2018
• SET market report for January 2018

• Indonesia needs to boost exports as foreign debt increases

• Singapore's household income grew in 2017, income inequality unchanged


• 90 percent of private companies hedge foreign debt

• Digital products and services to drive 40% of PHL GDP by 2021


February  8, 2018
• Central Sulawesi records economic growth of 7.14% in 2017

• PHL foreign reserves fell to $81.2B in January

• Bank Mandiri books Rp 20.6t net profit in 2017

• Ha Noi’s export value up 24% in January

• 2011 NTC ruling says PLDT entitled to compensation for CURE investment



February  7, 2018
• Food, beverage, tobacco prices pushed January inflation to 4%

• EBA-CBI deal to accelerate green bond issuance

• New committee to manage Gov’t capital

• Expansion of high-speed rail project under consideration: Luhut

• Conference promotes investment, trade with Cuba



February  6, 2018
• Indonesia-Cambodia trade grows to $492M


• PSE net income up 18% in 2017

• Export of agricultural products increases this fiscal year

• Security Bank Q4 2017 net income up 49%

• Business Insider: China investment boon comes with a price



February  5, 2018
• Singapore makes largest investments in real estate sector

• Transport fares must not increase because of TRAIN

Singapore’s manufacturing sector expands for 17th straight month in Jan

Property sales rise in January

PHL down 3 notches in global economic freedom index



February  2, 2018
• PHL factory output hurt by TRAIN —economist

• Charges against foreigners over ‘pornography’ are latest blow to Siem Reap businesses


Retail sales up 9.5% in January

BSP sees Jan. inflation clocking in at 3.5-4%

Electronics industry growing


February  1, 2018
• Indonesia records $4.8 billion investment in digital economy

• BSP to reintroduce 28-day TDF, cites demand

New hub for metals, machinery and timber to help companies cut costs by 20%

DoubleDragon taps CK Builders to construct biggest hotel in Mindanao


Bulog allocates Rp 2.5 trillion for government’s rice reserve


January 31, 2018
• PHL property market to attract more Chinese investors in 2018

• $583m transacted at trade promotion programmes in 2017

Cebu Landmasters reallots part of IPO proceeds

Local banks set to expand across country in early 2018


Consul General of India speaks on India-Myanmar relations


January 30, 2018
• Border trade increases

• Indonesia, Bangladesh agree to boost economic ties

Peso falls to P51:$1 ahead of Trump address, US economic data


Inflation recorded at 0.73 percent in January

Solar Philippines eyes supply contract with Meralco



January 29, 2018
• Top economists launch new research bureau

• 4 investors eye GENCO 3

Nestle Myanmar expects fourfold growth by 2020


Spike in Chinese visitors drives tourism boom

Security Bank, MUFG sign pact with BOI to promote investments


January 25, 2018
• Philippine economy expands 6.6% in fourth quarter 2017

• ABB wins $40 million national power grid project

EDITORIAL: ASEAN-India cultural ties

Viet Nam, India target better trade ties


Government seeks to lower electricity prices ahead of election


January  22, 2018
• Hun Sen seeks to clarify remarks, pledging that elections will take place ‘no matter what’

VN-China trade likely to reach $100 billion

Phu Yen ready for an explosion of tourism: PM

Property brokers turn developers in HCM City

Asian journalist groups call for release of Myanmar journalists


January 18, 2018
• Bright economy dimmed by public debt: report

• Remittances up 3.2% at $2.5B in November

Construction project approvals up, but locals aren't reaping the rewards

Lower electricity rates expected this January

Can Tho City welcomes 7.5m tourists



January 17, 2018
• VAMC lowers rate on purchased bad debts

• Indonesia's first wind farm 90% complete: PLN

ADB extends $105M in loans, grants to PHL infra projects

Foreign investors keen on Genco 3’s privatisation

IDX trading not affected by mezzanine collapse: OJK



January 16, 2018
• PSE Inc. raises stake in bond market and forex operator

• High rice prices bring no benefits, farmers association says

GOCC dividends hit P30.45B in 2017

Private home sales rise 17.4% year-on-year in December


IDX trading not affected by mezzanine collapse: OJK



January 15, 2018
• Airports corp mishandled $280m

• Pertamina Hulu Mahakam makes first crude oil shipment

DOF, DBM, NEDA to form finance subpanel for Marawi rehab

Capital to develop 11m sq.m housing

ADB operating results reached nearly $30B in 2017

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