NUSA DUA, Indonesia (AFP) - The window of opportunity to keep global growth on track is "narrowing" amid trade disputes and emerging markets crises, the IMF said Saturday, and cautioned against currency wars as a US-China spat threatens to boil over.
The National Economic and Development Authority (NEDA) is pushing for the implementation of fresh strategies, including the removal of unnecessary regulatory impediments to boost exports crucial to sustaining total trade growth.
Five companies have submitted bidding documents for the awarding of the new major player in the local telecommunications industry as the Department of Information and Communications Technology (DICT) started the selection process on Monday.
The Bangko Sentral will likely keep key policy rates steady in the last quarter of the year, after raising them by a total of 150 basis points this year, as inflation pressures relax, an economist of IHS Markit has forecast.
Instead of just ranting about persistent problems hounding the business sector, the Philippine Chamber of Commerce and Industry (PCCI) has come up with proposed solutions, which it intends to bring before President Rodrigo Duterte.
The local electronics industry can survive the scrapping of certain tax perks such as the 5-percent gross income earned (GIE), but radically revamping the Philippine Economic Zone Authority's (PEZA) processes may prove even more worrisome.