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Indonesia’s car sales down 5.3% y-o-y in September

Indonesia’s car sales in September fell 5.3% from a year earlier, data released by automotive industry association Gaikindo on Thursday showed. Automakers sold 87,645 units of cars in September, down from 92,541 units in the same month last year. On a monthly basis, car sales fell nearly 10 percent from 97,256 in August. Sales for […]

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The Largest Special Economic Zone With an Area Five Times of Hong Kong in Laos to Be Built by the Enterprise From China Guangcai Group

BEIJING, October 25, 2017 (Newswire.com) – Recently, Bozon Bupaiwan, the former prime minister of Laos, and the current president of Laos Economic Research Institute, led a group of people to the headquarters of Beijing Guangcai Group and attended the first Sino-Laos new area “Boloven Economic Zone” Development Symposium at the 6th floor conference room. A total […]

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Most Malaysians cannot afford to retire

MALAYSIA is ageing, and the population over 65 should come to 15% of the population by 2035. Current Employees Provident Fund (EPF) savings for most Malaysians are barely enough for a decent life after retirement. Meanwhile, Malaysian life expectancy has been rising. Life expectancy at birth in 2015 was 72.5 years for males and 77.4 […]

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Singapore needs to be on guard for inflation pickup: Menon

[SINGAPORE] Singapore’s central bank chief said while inflation is still well below the historical average, policy makers need to be proactive if a stronger economy results in a pickup in price pressures. Inflation will climb at some point if economic growth continues to strengthen, and under those circumstances, the central bank – like others around […]

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