MANILA, Philippines – Vietnam, the country’s largest rice supplier, has renewed its commitment to aid the Philippines in its rice import requirements amid an ongoing order from President Duterte to defer all rice importation. Trade Undersecretary Ceferino Rodolfo said the commitment was relayed by Vietnamese Vice Minister for Trade and Industry Tran Quoc Khanh during […]
Read MoreTEMPO.CO, Jakarta – Indonesia is aiming for 5.6 percent economic growth in 2018. The government will turn its focus to six sectors to achieve the target. “[There are] six sectors, namely processing industry, particularly non-oil and gas, agriculture, trade, information and communication, construction, and financial services,” the National Development Planning Minister Soemantri Brodjonegoro said yesterday. […]
Read MoreKUALA LUMPUR: “Malaysia’s economy is resilient” is a refrain heard countless times since growth started to slow down from 2015. But that resilience may not hold out as the economy’s competitiveness slide and others in the same neighbourhood produce the same goods at lower cost. The government expects the economy to grow by between 4% […]
Read MoreThai AirAsia (TAA) is strengthening its foothold in the Thai-Vietnamese air travel market by making Danang its third port of call in Vietnam. Thailand’s biggest low-cost carrier will become the second airline to operate non-stop flights between Bangkok and the largest city in central Vietnam. TAA’s Danang launch, set for June 9, comes after Vietnam […]
Read MoreThe Yangon Region government is going to install 21 markets with a public-private partnership (PPP) system, according to U Myint Thaung, the regional minister for planning and finance. “The regional government has planned to upgrade markets under YCDC that will use a PPP system rather than the government’s budget. There are 21 markets which will […]
Read MoreA SOFT labour market, downbeat consumer sentiment and uneven domestic growth are curbing price increases in Singapore, said its central bank, adding that unemployment rates may rise slightly this year. This comes even as the city-state’s external prospects have brightened, said the Monetary Authority of Singapore (MAS) in the April edition of its biannual macroeconomic […]
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