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Singapore’s August retail sales up 3.5% y-o-y

SINGAPORE retail sales in August rose 3.5 per cent from a year ago, continuing its positive year-on-year growth seen in previous months, based on data released by the Department of Statistics on Thursday. With motor vehicles sales stripped out, retail sales rose 3.7 per cent year on year. Most categories showed better retail takings in […]

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Malaysia: August industrial output higher than expected

KUALA LUMPUR: Malaysia’s industrial production index (IPI) expanded at 6.8% in August 2017 from a year ago, underpinned by the stronger manufac turing output and exceeding a Bloomberg survey of a 5.8% growth. The Statistics Department said on Thursday the expansion in August was supported by positive growth in all indices: Manufacturing (7.6%), Mining (5.3%) […]

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Thailand: Retailers expand space in face of economic slowdown

Despite the country’s tepid economy, retail operators remain busy with their expansion this year, increasing the total new retail supply this year by over 20%. Surachet Kongcheep, associate director of research at property consultant Colliers International Thailand, said 148,610 square metres of new retail space were added to the retail market during the first three […]

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Vietnam: Ministries to cut barriers for import-export goods

HANOI — The Ministry of Science and Technology (MoST) will propose solutions to the Government to renovate specialised inspection activities in order to create a favourable environment for the business community while ensuring control over the quality of goods and protecting consumers. The statement was made by Nguyen Hoang Linh, deputy director of the Directorate […]

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