MALAYSIA REVIEWS SEVERAL INTERNATIONAL TREATIES TO BOOST SPACE INDUSTRY – FADILLAH

Malaysia is actively reviewing several international treaties related to the space sector to further enhance the national space industry, said Deputy Prime Minister Datuk Seri Fadillah Yusof.He said the move was made due to the nation’s positive outlo…

Malaysia’s business expectation for Q2 slowing down

Malaysia’s business sentiments for the near term turned pessimistic as the confidence indicator decreased to minus 3.1 percent in the second quarter of 2023 from a growth of 3.6 percent in the last quarter, official data showed Wednesday.This expectati…

Economist: Exports to grow 5% in 2023

Merchandise exports can continue to grow this year but at a slower pace compared to the recorded 5.6 percent growth last year, an economist said Sunday. Exports will likely grow by 5 percent this year amid risk of recession in the United States, which…

Sweden supports resumption of EU-PH free trade deal talks

Sweden’s Foreign Trade Minister Johan Forssell has underscored the need to resume talks between the Philippines and the European Union (EU) for a bilateral free trade agreement (FTA) to facilitate a freer flow of goods between the two parties. The Phi…

Antique farmers urged to produce more vegetables

Farmers in Antique are encouraged to produce more vegetables and other agricultural products following their successful trade fair with over half a million pesos in sales. Antique Office of the Provincial Agriculture (OPA) agri-business coordinator Be…

BIR steps up efforts to combat illicit tobacco trade

The Bureau of Internal Revenue (BIR) said it will ramp up measures to crack down on illicit tobacco trade in the country. BIR Commissioner Romeo Lumagui Jr. on the sidelines of the Global Anti-Illicit Trade Summit on Thursday said that tobacco product…

PH stocks index up anew but peso slides vs. US dollar

The local bourse’s main index gained anew on Wednesday ahead of the policy rate decision of the Bangko Sentral ng Pilipinas (BSP) but the peso depreciated against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 0.70 percent, or 46.21…