Sunday 22 July
Powered by Ajaxy
Nov 13, 2017 @ 19:02

More trade, more fun: NEDA sees bigger volumes after APEC, ASEAN meetings


The road closures and work suspensions will turn out to be worth it.

The National Economic and Development Authority said they expect bigger trading volumes following the successive Asia-Pacific Economic Cooperation meetings in Vietnam and the Association of Southeast Asian Nations (ASEAN) in Manila.

The bigger volumes, in turn, will translate to more exports that would boost the local economy.

“We look forward to regional cooperation and integration being forwarded in APEC 2017 Vietnam and also in the upcoming 31st ASEAN meetings. We expect these initiatives to promote inter- and intra-regional trade and deepen engagement between regional blocs, as spelled out in the Philippine Development Plan ‎2017-2022,” NEDA Undersecretary Rosemarie Edillon said in a statement.

Bigger investments are also underway after bilateral meetings among ASEAN member-states and their dialogue partners, which include Japan, China, and the United States.

Tags: , , , , , , , , , , ,

Related Stories
Six people have been arrested in Vietnam for running an online betting ring based on
The Philippine unit of Southeast Asia’s largest budget airline suffered a net loss of P391.98
Metro Pacific Water Investments Corp. has completed the acquisition of 49 percent of Tuan Loc
The Securities and Exchange Commission has approved the merger between Max’s Group Inc.’s wholly-owned subsidiaries


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.