ASEAN trading partner in 2015 with the identification of regional comprehensive economic partnership
According to the Philippines Daily Inquirer newspaper "reported on November 11, the Philippine Trade Minister Gregory Domingo said, ASEAN expected by 2015 with Japan, China, Korea, Australia, New Zealand and India six trading partners identify regional Comprehensive Economic Partnership (RCEP).
Domingo stressed, RCEP is crucial because the Philippines two largest trading partner of China and Japan will also be included in the agreement negotiations, signing of the FTA will Philippine enterprises to expand the broader market.
Philippine central bank introduced new requirements for foreign exchange transactions part Editor：teilihua
According to the Philippines, "Star" reported on November 8, the Philippine central bank yesterday announced that in order to adapt to the new economic situation, foreign exchange trading following new rules introduced:
First approved by the central bank to allow early repayment of short-term loans;
two banks to provide loans to the private sector, if the loan funds are foreign owned capital or bank deposits, such behavior is no longer need to go through the central bank loans authorized foreign exchange deposits Sector (FCDUs) "approval.