Philippine fuel prices to increase by up to P1.20 per litre starting Sept 5
The Department of Energy explained that the price increases would likely persist for a few more weeks as demand steadily grew while supply remained low.
Trade
Angkor park sees growth in foreign ticket sales of $23 million from Jan-Aug
Foreign tourist numbers are expected to “grow strongly from next month onwards”, with the new Siem Reap Airport scheduled to open in the fourth quarter.
Speaker vows to address concerns of rice retailers affected by price ceiling
The lawmaker said he is studying and eyeing to aid retailers affected by the price adjustments, as he assured sellers that the government would help them.
Asean launches talks on $2.7 trillion digital economy pact to drive more seamless trade
The development of the widely anticipated framework agreement comes after the bloc met in Semarang in Central Java in August to endorse a study on the Asean Digital Economy…
Vietnam’s export revenues swell by billions of dollars, courtesy of free trade pacts
Despite these accomplishments, the growth rate of Vietnam's agricultural exports to the EU has fallen below expectations, primarily due to the pandemic and the ongoing…
India to allow rice exports to Singapore
According to the Singapore Food Agency, India accounted for around 40 per cent of Singapore’s rice imports in 2022. Singapore imports rice from more than 30 countries.
Hong Kong inks pact with Bangladesh to avoid double taxation
The agreement is the 47th of such an agreement that the Hong Kong government has concluded with its trade partners.
US and China to discuss export controls but analysts do not expect breakthroughs
US officials have emphasised that they are not looking to decouple the world’s two largest economies, but their assurance has been met with scepticism in Beijing.
Russia hopes to raise fish, seafood exports to China after Japan ban
Russia is one of the biggest marine product suppliers to China, with 894 Russian companies allowed to export seafood.
Osaka, Dong A University agree to supply nursing workforce
Vietnamese students will be joining practical job and Japanese language courses from nine months to one year in preparation for working at hospitals and nursing centres in Japan…