indo04
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Logistic costs in Indonesia remain high

Logistic costs in Indonesia are higher than those in other countries. Committee for Acceleration of Priority Infrastructure Delivery (KPPIP) chairman Wahyu Utomo said 72 percent of logistic costs went to transportation. Citing data from the Logistic Report Index 2016 by the World Bank, Wahyu said Indonesia was in 63rd position out of 160 countries in the […]

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phil02
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Philippines: DOF sees faster inflation in June

MANILA, Philippines — The overall increase in prices of key consumer items likely accelerated at a faster pace in June driven by higher food prices, the Department of Finance said Tuesday. In an economic bulletin, the DOF said inflation might have inched up to 4.9 percent in June. Actual May inflation rate spiked to a five-year […]

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Thailand: Inflation rate revised up to 0.8-1.6%

The Commerce Ministry has revised the national inflation rate to 0.8-1.6% this year from 0.7-1.7% after headline prices rose for a 12th straight month in June. The ministry’s revised forecast assumed a Dubai crude oil price in a range of US$60-70 per barrel, Thai economic growth of 4.2-4.7%, an exchange rate of 32-34 baht to […]

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vn02
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Vietnam emerges as appealing destination for foreign funds

The Hanoitimes – High economic growth and market reforms have helped Vietnam become an attractive destination for big foreign investment funds. Warburg Pincus some months ago announced its intention to invest more than US$370 million in Vietnam Technological and Commercial Joint Stock Bank (Techcombank) IPO, in what it said was the largest ever private equity investment […]

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malay01
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Indonesia favours rupiah stability

JAKARTA: Indonesia’s central bank is showing its willingness to sacrifice economic growth for currency stability in its latest aggressive move on interest rates. Bank Indonesia surprised economists with a bigger-than-forecast 50 basis-point hike last Friday, on top of two rate increases in May aimed at halting a currency rout. That takes the benchmark rate to […]

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