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Singapore non-oil exports surge 17% in August

NON-OIL domestic exports (NODX) surged 17.0 per cent year on year in August, more than doubled the 7.6 per cent gain in July, trade promotion agency International Enterprise Singapore reported on Monday morning. Month on month, the NODX bounced back from a 3.3 per cent fall in the previous month to post a seasonally adjusted […]

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Laos: Govt maintains inflation, exchange rate controls

The government will continue to control inflation and currency exchange rates under its monetary policy to ensure that economic growth remains stable throughout the coming year. The government has set an economic growth target of 7 percent for 2018, with Gross Domestic Product (GDP) to reach 149.47 trillion kip (US$17.98 billion) and GDP per capita […]

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More Korean firms leaving Philippines

MANILA, Philippines — Thousands of local jobs have been lost since late last year and hundreds more are set to follow in the coming months as the number of Korean manufacturing companies leaving the Philippines for Vietnam continues to rise.  In an interview, Korean Chamber of Commerce of the Philippines president Ho Ik Lee told The […]

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Thailand 4.0 promises huge savings, CO2 reductions, says GE

The “Thailand 4.0” initiative could help bring about multibillion-dollar savings and a significant reduction in carbon emissions in the energy sector, energy firm GE said on Monday. The adoption of the latest digital technologies to enhance and optimise Thailand’s energy assets and networks, combined with deployment of the most efficient gas turbines, critical coal technology […]

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