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Philippines: Canned goods makers to hike prices

MANILA, Philippines — Manufacturers of canned goods are expected to jack up prices of their products in the coming months in line with the rising prices of tinplates and foreign exchange movement. “There is an indication to increase prices of canned products. There is a request submitted to us, anywhere from P1 to P2 per […]

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Bank Indonesia Must Stabilize Rupiah: Minister Darmin Nasution

TEMPO.CO, Jakarta – Bank Indonesia should take the necessary measures to stabilize the rupiah against the US dollar, Coordinating Minister for Economic Affairs Darmin Nasution remarked. He said Indonesian currency rupiah weakened against the US dollar as market players were responding to economic developments in the United States. The rupiah may encounter serious pressures in the year […]

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Thailand urged to seek markets amid trade row

THE country should seek out new markets and pursue direct trade negotiations with the United States against the backdrop of heightened fears of a global trade war following protectionist moves by Washington, the Thailand Development Research Institute (TDRI) said. Last week, President Donald Trump said that the US will impose tariffs of 25 per cent […]

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