MANILA, Philippines — Inflation likely slowed to 6.5 percent in October due to declining prices of rice and other food items, according to the Department of Finance. In his latest economic bulletin, Finance Undersecretary and chief economist Gil Beltran said year-on-year inflation last month may have eased to 6.5 percent from the 6.7 percent recorded […]
Read MoreThe government of Myanmar has launched a major investmentdrive centred on Asian countries in the face of declining interest from the West. “We must be proactive and seek the sort of investment that is good for the country,” Thaung Tun, head of the Myanmar Investment Commission (MIC), who is spearheading the campaign, told Asia Focus in an exclusive interview. A […]
Read MoreJAKARTA: Indonesia’s economic growth slowed in the third quarter, losing momentum after the previous quarter’s pick up and pointing to tougher conditions for the Southeast Asian economy, which has struggled with outflows from its financial markets. Gross domestic product (GDP) expanded 5.17% in the July-September quarter from a year earlier, the statistics bureau said on […]
Read MoreThe Agriculture Ministry is confident that the domestic price and supply of chilies will remain stable and adequate during the Christmas and New Year holidays, thanks to the collaboration of major chili farmers in key producing regions. “These champion chili farmers are the key to maintaining an adequate supply,” said Mardiyah Hayati, the Agriculture Ministry’s head of chili, vegetables and fruit division, on Saturday as […]
Read MoreA NUMBER of international studies published in September included Brunei Darussalam in their findings, covering a wide range of topics. One such study was the Asian Development Outlook 2018 (ADO 2018) published by Asia Development Bank (ADB). As was reported on September 29, ADB estimated Brunei Darussalam’s GDP growth to be two per cent this year compared […]
Read MoreHANOI (Viet Nam News/ANN) – The reliance and need for logistics space was at an all-time high, driven by advancements in the e-commerce sector, according to real estate and investment management services firm Jones Lang Lasalle (JLL). JLL said that logistics were a crucial component of the Vietnamese e-commerce market to succeed and reach its full […]
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