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Indonesia Aims to Become World Largest Coffee Producer

TEMPO.CO, Makassar – Agriculture Minister Amran Sulaiman said that Indonesia is aiming to become the second largest coffee producer. Therefore, farmers are expected to step up production from 691,000 tons in 2016 to 1 million ton this year. “We are now [in] the fourth [rank]. We need to increase [production] to 1 million ton. If we can achieve it, we will rank second in the world,” he said yesterday, July 31, in Makassar. The minister said […]

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Philippines: Inflation likely slowed in July

MANILA, Philippines – Inflation likely eased in July due to stable food prices and lower electricity rates, the Department of Finance (DOF) said yesterday. DOF Undersecretary and chief economist Gil Beltran said the inflation rate may have slightly dropped to 2.7 percent in July from 2.8 percent in June. This was, however, up from the […]

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Vietnam’s firms to head to Thailand for ASEAN-India Expo

HCM CITY — The High Quality Vietnamese Product Business Association will lead a business delegation that will participate in the 2017 ASEAN-India Expo and Forum to be held this week in Bangkok. Organised by the Thai Ministry of Commerce, the event is meant to strengthen the strategic partnership between ASEAN and India and enhance trade, investment and tourism connectivity between them. […]

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Thailand: Retail sales dip in Q2 but rebound on the cards

Thailand’s retail industry grew 2.81% in the first half of 2017, lower than the 3-3.2% expected earlier, the Thai Retailers Association (TRA) said yesterday. While retail sales grew 3.02% in the first quarter, growth was sluggish in the following three months, said TRA president Jariya Chirathivat. Retail branches in Greater Bangkok and major tourist areas […]

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