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Cambodia joins global real estate map

Cambodia is now officially featured in the map of the National Association of Realtors (NAR) after having joined the United States-based organisation last year. Headquartered in Chicago and boasting over 1.1 million members, NAR is a North American trade association for those who work in the real estate industry. The organisation held an annual gathering […]

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Philippine rice import dependency up

MANILA, Philippines — The country’s rice self-sufficiency level declined to 93.44 percent from 95.01 percent, the Philippine Statistics Authority said. According to the PSA, the country’s Import dependency ratio (IDR) of rice increased to 6.56 percent last year from 4.99 percent in 2016. Rice imports went up by 39 percent to P18 billion in 2017.In […]

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Philippines: Manufacturing activity picks up in October 2018

MANILA, Philippines — Manufacturing activity continued to improve in October as factories registered a strong influx of new orders, ramping up production and hiring, according to the latest reading of the Nikkei Philippines Manufacturing Purchasing Managers’ Index (PMI). The headline manufacturing PMI for the country rose to 54 in October from 52 in September, the highest reading in 10 months, indicating […]

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Thailand: Crude palm oil for power considered

The Energy Ministry is considering using a surplus of crude palm oil this year to replace fossil fuels for power generation at two state-run plants in Chachoengsao and Ratchaburi.  The tentative plan is to be implemented at Bang Pakong power plant, owned by the Electricity Generating Authority of Thailand (Egat), and Ratchaburi power plant, owned by Ratchaburi […]

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