SINGAPORE: Singapore’s economy grew at a slower pace than initially thought in the third quarter, data showed on Thursday, with the trade ministry flagging growth will likely moderate further in the current quarter and next year in part due to the U.S.-Sino trade war. The economy grew 3.0 percent in the July-September quarter from the […]
Read MoreWhile the latest economic policy package was just announced earlier this week, President Joko “Jokowi” Widodo has called on his ministers to further evaluate policies on investment and tax incentives to ensure they were apt to attract investors. The key for higher economic growth was investment and exports, said the President at Bogor Palace in […]
Read MoreMANILA, Philippines — Government spending on infrastructure exceeded its target in the first nine months with the Duterte administration’s massive infrastructure program already in full swing, according to the Department of Budget and Management (DBM). According to the latest disbursement performance report of the DBM, spending on infrastructure and other capital outlays reached P570.8 billion […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures touched their lowest in more than three years on Wednesday, shedding gains from the previous session, as a plunge in crude oil prices dented sentiment. Palm oil prices are influenced by movements in crude oil, as the edible oil is used as feedstock to make biodiesel. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange was down 1.3 percent at 1,960 ringgit […]
Read MoreThe Hanoitimes – The USAID recently awarded the new five-year, $22 million Linkages for Small and Medium Enterprises (LinkSME) project to International Executive Service Corps. The United States has taken more steps to support Vietnamese small and medium enterprises (SMEs) in adapting to the Fourth Industrial Revolution as the two countries seek to enhance economic ties. […]
Read MoreKUCHING: Thailand is keen to explore potential areas of cooperation with Sarawak, especially in the Sarawak Corridor of Renewable Energy (Score), said its Ambassador to Malaysia, Narong Sasitorn. Narong, who is on his first visit to the state, said his country would like to see how it could be involved in the economic development projects, […]
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