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Philippine trade gap persists in August

MANILA, Philippines — The Philippines’ trade deficit persisted in August, the government’s statistics agency reported Wednesday, after exports’ sluggish performance failed to match imports’ accelerated growth pace. The country’s trade deficit stayed above $3 billion for five consecutive months to reach $3.513 billion in August from $3.546 billion shortfall posted in July. In August 2017, the trade gap was at […]

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Thailand: Coconut licences to be revoked

The Commerce Ministry is set to blacklist 10 coconut importers who failed to provide clarity on their import data as part of efforts to deal with the domestic coconut price slump and help protect domestic growers. Adul Chotinisakorn, director-general of the Foreign Trade Department, said officials recently launched an inspection of 29 coconut processing factories nationwide […]

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How supermarkets fight food waste in Singapore

Last month, 24-hour store Mustafa Centre was found to be disposing of nearly 100kg of fruits and vegetables daily, sparking concerns about food waste in Singapore. According to the National Environmental Agency, the amount of food waste generated in Singapore has increased by about 40 per cent over the past 10 years. This number is […]

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Hyundai, LG to construct biodiesel factories in Indonesia

West Kalimantan Governor Sutarmidji has said Korean companies Hyundaiand LG will construct biodiesel factories in the province amid the government’s effort to expand the domestic use of the fuel through its mandatory 20 percent blended biodiesel ( B20 ) policy. “We welcome the plan. The opening of the downstream business is in line with the [increasing] demand for biodiesel,” said West Kalimantan Governor Sutarmidji in […]

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