Economists have cautioned that cutting spending could impact Laos’ economic growth, so the government needs to further create favourable conditions to strengthen the private sector. According to the government’s recent report, investment by domestic and foreign businesses represented more than half the entire investment driving the country’s economic growth. A senior economist at the National […]
Read MoreSINGAPORE – Singapore’s non-oil domestic exports (NODX) unexpectedly fell 0.7 per cent year-on-year in April, registering the first decline since October last year and a big reversal from March’s 16.5 per cent growth. Electronics exports moderated slightly to 4.8 per cent year-on-year from 5.2 per cent in March, government data showed on Wednesday (May 17). […]
Read MoreBrunei’s reliance on import of fruits and vegetables increases due to insufficient local farmers to produce agriculture produce. The issues brought forwards during a business matching session between local importing companies and farmers at Ministry of Primary Resources and Tourism (MPRT) yesterday. The session was one of the initiatives to support its Strategic Plan 2016-2020, […]
Read MoreMANILA, Philippines – The economy likely grew by about seven percent in the first quarter on the back of strong performance of the agriculture and manufacturing sectors, according to Finance Undersecretary Gil Beltran. “At first, my forecast was 6.2 percent to 7.4 percent. But now, it turns out that agriculture’s growth was high,” Beltran said, […]
Read MoreKUALA LUMPUR: Malaysia’s inflation rate rose 4.4% in April from a year ago mainly due to the petrol price hike, the Statistics Department said. Inflation was just below the 4.5% annual pace forecast in a Reuters poll, and was down from March’s 5.1%, the highest rate in eight years. The department said on Wednesday that […]
Read MoreA parboiling-rice mill which involved US$8 million investment was launched in Dedaye township, Ayeyarwady Region by agribusiness firm Agrastar on May 5. The mill will produce high-quality parboiled rice for export to the European market. Agrastar, a partnership between Chin Corp Myanmar, Agrocorp International, and RiverWest Capital, was formed to supply high-quality agricultural commodities from […]
Read More
Thailand
