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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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Thailand: Fruit juice producers to protest sugar tax

Doi Kham Food Products Co, the maker and distributor of Doi Kham fruit juice, will team with the Thai Beverage Industry Association to meet the Excise Department later this month as it aims to revise the sugar consumption tax, which it says has hurt the fruit juice industry.  Pipatpong Israsena, the company’s president and chief executive, […]

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Malaysia: Digital transformation the way forward for SMEs

OWNERS of Malaysia’s small- and medium enterprises (SMEs) are embracing a digital future in the hope of becoming more competitive for long-term advancement in the marketplace and being able to meet the ever-changing needs of customers. Accenture (Malaysia) country managing director Azwan Baharuddin said the importance of digital transformation for SMEs in their processes and […]

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Bangkok condo prices up 11%

Condominium prices in Bangkok, Nonthaburi and Samut Prakan provinces rose 11% year-on-year in the third quarter and 2.8% from the previous quarter on progress in the expansion of electric railway lines.  The Real Estate Information Centre announced the figures on Monday, attributing the price rise to new electric railway routes in Bangkok and its outskirts.  Prices […]

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