With the online grocery sector in Thailand estimated to grow five-fold by 2030 based on current projections, Tetra Pak Thailand is highlighting four major trends in online grocery in the 11th annual edition of the Tetra Pak Index. In the study, the food processing and packaging giant focuses on the rise of online grocery and the […]
Read MoreSINGAPORE: Singapore’s economy grew slower than initial estimates in the April-June period on a quarter-on-quarter basis, revised data showed, as the government flagged a likely moderation in growth in the second half. The city-state’s Trade and Industry Ministry (MTI) said retaliatory tariffs between the United States and its major trading partners and interest rate increases […]
Read MoreTEMPO.CO, Jakarta – Today, Rupiah has weakened to Rp14,600 per USD. The head of the National Planning and Development Agency (Bappenas) Bambang Brodjonegoro said it was caused by the investor consolidation due to the exchange rate depreciation of the Turkish currency, Lira. “Indonesia and Turkey are considered as emerging markets, so in these initial stages, there must be some kind of consolidation […]
Read MoreMANILA, Philippines — The power unit of Ayala Corp. has signed engineering, procurement and construction (EPC) contracts and financing documents with the BIM Group of Vietnam for a solar power plant project in Vietnam. In a statement, AC Energy said the partnership with the Vietnamese company will involve the development of the BIM Solar Power […]
Read MoreThe government has said it would monitor fundamental indicators of the economy – as renewed pressures stemming from Turkey reverberated throughout emerging markets – while emphasizing its priority to narrow the current-account deficit (CAD). Finance Minister Sri Mulyani Indrawati said the government would monitor the implementation of the state budget and balance sheets of state-owned […]
Read MoreMANILA, Philippines — Despite raising policy rates by a cumulative 100 basis points (bps) or one percentage point in three months, the Bangko Sentral ng Pilipinas (BSP) can be expected to implement another rate hike by December and two more next year, said UK-based advisory firm Oxford Economics. In a research noted issued Friday, Oxford […]
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