TEMPO.CO, Jakarta – Bank Indonesia has predicted the May 2017 inflation rate will stand at 0.37 percent month-to-month. It is due to a rise in the prices of garlic, chicken meat, eggs and transportation tariffs, as well the rising public consumption at the start of the fasting month of Ramadan. “In the run-up to Ramadan, the […]
Read MoreTEMPO.CO, Jakarta – Head of the Central Statistics Agency (BPS) Suhariyanto said inflation rate in May this year is likely to be higher than that in April 2017 that was recorded at 0.09 percent. “It seems that inflation in May will be higher but it is not significant because the government has taken control of prices,” Suhariyanto […]
Read MoreThe unemployment rate in the first quarter rose to 1.2%, or about 400,000 people, up from 0.97% in the same period one year earlier and worsening from 1% in the previous quarter, according to the National Economic and Social Development Board (NESDB). The rise in the number of jobless was triggered by greater automation in […]
Read MoreVietnam rice hit its highest level in over a year this week on potential export deals and prices in Thailand firmed up as supply eased, while the Indian variety gained on growing demand from Africa, traders said. Expectations of strong demand from top importing countries such as Bangladesh and the Philippines are fuelling the uptrend […]
Read MoreSINGAPORE (Reuters) – Singapore expects its economy to grow more than 2 percent this year on improving overseas demand after GDP contracted less than initially estimated in the first quarter, but it warned of risks to the outlook from tightening financial conditions in China. The city state has been among a number of export-reliant Asian […]
Read MorePrime Minister Hun Sen called on investors to invest in the processing of raw materials to support the government’s 2015-2025 Industrial Development Policy (IDP). “The supply of high quality, reliable and reasonable priced raw materials or inputs is essential for Cambodia’s industrial production,” Mr. Hun Sen told the Meeting of Christians for the Harmonisation of […]
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