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Indonesia: Govt Has No Option But to Import Salt: Minister

TEMPO.CO, Pekanbaru – Minister Darmin Nasution said that the government has no option but to import salt following the lack of supply on the domestic market. “We have no choice, it’s already been done, the stocks of salt are lacking,” the Coordinating Minister for Economic Affairs Darmin said yesterday, July 31, in Pekanbaru. He said that salt import is […]

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Solving Myanmar’s power problem

ABB believes microgrids are the solution to Myanmar’s power shortage problems. A senior executive at the power grid company explains how it can be done. Stay in Yangon long enough and you’ll probably experience the electricity going off halfway through your meal at one of the city’s many restaurants. The problem is so common in the […]

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Property prices expected to rise 10%, survey shows

Thais are concerned about what lies around the corner for Bangkok’s real-estate market, but expect to see property grow in value over the next five years, according to the latest consumer sentiment survey by DDproperty, a leading online property portal.  The survey, carried out in the first half of this year, looks at sentiment in Bangkok […]

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Vietnam: Cooking gas price increases by $1.18

HANOI — The price of gas in HCM City and the southern provinces spiked by VND27,000 (US$1.18) for a 12kg canister of cooking gas with effect from August 1. Accordingly, the retail price for consumers will increase to VND300,000-305,000 per 12kg canister.  Gas traders explained that the latest hike was on account of the $85 per tonne […]

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Vietnam: New enterprises up 13.8% in 7M

There were 72,953 newly-established enterprises entering the economy in the first seven months of this year with total registered capital of VND690.7 trillion ($30.3 billion), up 13.8 per cent and 39 per cent, respectively, year-on-year, according to the latest report from the Agency for Business Registration at the Ministry of Planning and Investment. There were […]

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Vietnam: Rebound in food prices puts July CPI at 0.11%

After two months of falling, Vietnam’s consumer price index (CPI) rose by 0.11 per cent month-on-month in July; its lowest level for nine years, according to figures from the General Statistics Office (GSO). The increase comes after declining by 0.53 per cent and 0.17 per cent in May and June, respectively. Compared with July last […]

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