ECONOMY

APEC leaders agree on new incentives for growth

Beijing – The Asia-Pacific Economic Cooperation (APEC) leaders have agreed on five incentives for future economic growth, said Chinese President Xi Jinping on Tuesday.The incentives are economic reform, new economy, innovative growth, inclusive support and urbanization, Xi told a press conference … Continue reading APEC leaders agree on new incentives for growth

Trade, Private Sector, Soft and Hard Infrastructure Tops APEC Agenda

Beijing – Wednesday marked the first day of the week-long Asia-Pacific Economic Cooperation (APEC) Forum, hosted this year in Beijing. This year’s summit, themed “Shaping the Future through Asia-Pacific Partnership,” brings together ministerial leaders, CEOs of global corporations, and other … Continue reading Trade, Private Sector, Soft and Hard Infrastructure Tops APEC Agenda

Cambodia seeks to promote trade relations with Britain

Phnom Penh – Cambodian Prime Minister Hun Sen urged the United Kingdom to promote trade relations with Cambodia. He made the remarks during a meeting with visiting British Prime Minister’s Trade Envoy Lord Puttnam at the Peace Palace in Phnom Penh. “The prime … Continue reading Cambodia seeks to promote trade relations with Britain

Premier Li in Germany: “China to further open its economy”

Hamburg – China Premier Li has wrapped up his visit to Germany. During the state visit he promised that his country would further open up to foreign investment and cooperation. He has also said that foreign enterprises would be given greater access … Continue reading Premier Li in Germany: “China to further open its economy”

Vietnamese experts optimistic about economic prospects

Hanoi – Vietnamese experts held an optimistic view over the country’s economic prospects in 2014, saying that Vietnam’s gross domestic product (GDP) growth can surpass the target of 5.8 percent set by the National Assembly, local media report.In an interview with … Continue reading Vietnamese experts optimistic about economic prospects

Looming power crisis to affect Philippine economy

Manila – The looming power shortage in the Philippines could affect the country’s economic growth and international conferences scheduled in Manila next year.Businessman Ramon del Rosario, chairman of the Makati Business Club (MBC), the country’s premier business group, told the local … Continue reading Looming power crisis to affect Philippine economy