IMF cuts growth forecast for Philippines World

IMF cuts growth forecast for Philippines

The International Monetary Fund (IMF) has further slashed its economic growth forecast for the Philippines for 2019 and 2020 to 5.7 percent and 6.2 percent, respectively, as the economy slowed down in the second quarter and external environment worsens.
ASEAN pushes joint bid to host 2034 World Cup ASEAN

ASEAN pushes joint bid to host 2034 World Cup

An ASEAN ministerial meeting in Manila, the Philippines, has agreed that five ASEAN nations – Indonesia, Malaysia, Singapore, Thailand and Vietnam – will launch a joint bid to host the 2034 FIFA World Cup.
US, Philippines, Japan hold disaster-response drills World

US, Philippines, Japan hold disaster-response drills

More than 2,000 US and Philippine military personnel, along with a small number of Japanese soldiers, on October 9 began annual combat exercises aimed at responding rapidly to crises and natural disasters and affirming their commitment to keep the region "free and open."
Indonesia, RoK to hold 10th round of trade talks World

Indonesia, RoK to hold 10th round of trade talks

The Ministry of Trade, Industry and Energy of the Republic of Korea (RoK) said on October 7 that the country and Indonesia plan to hold the 10th round of negotiations for their Comprehensive Economic Partnership Agreement (CEPA) in Bali this week as the Northeast Asian economy continues efforts to expand its export portfolio in the Southeast Asian market.
RoK strives to conclude FTA with three ASEAN members by November World

RoK strives to conclude FTA with three ASEAN members by November

The Republic of Korea (RoK) is working hard to conclude free trade talks with Malaysia, the Philippines and Indonesia before November when leaders of the Association of Southeast Asian Nations (ASEAN) meet for the ASEAN-RoK Commemorative Summit in the country.