Indonesia’s foreign exchange (forex) reserves rose to US$126.7 billion in October, the highest level in 20 months, driven by the government’s global bonds issuance and forex records from the oil and gas sector, Bank Indonesia (BI) announced on Thursday. The current reserve level, which indicated a $2.4 billion increase from the previous month, is enough […]
Read MoreThe idea of a Philippine-US FTA has been mooted since the termination of the Philippines’ preferential trade status in the US as part of the transitional arrangements from colonial rule to full independence. Those discussions never gained traction, partly because the Philippines has taken a cautious approach to a free trade deal and has never […]
Read MoreThe fledgling insurance industry in the Kingdom continues to undergo remarkable growth, with premiums growing by more than 14 percent in the first half of the year, according to insiders. Speaking at a workshop on the insurance industry yesterday, Huy Vatharo, chairman of the Insurance Association of Cambodia (IAC), said the market is growing rapidly […]
Read MoreSuper-apps Grab and Get have been locked in competition over the food delivery market, which is thriving as the “lazy economy” grows. The two unicorn startups have claimed strong growth for their delivery services, but ride-hailing services may see a reshuffle with the government expected to legalise the services next March. “This is an exciting […]
Read More[CHICAGO] Beyond Meat Inc aims to start production in Asia before the end of next year, as it gets closer to selling its popular plant-based meat products in China, executive chairman Seth Goldman told Reuters. While Beyond Meat sells its products in Taiwan, Singapore and Hong Kong, the company and rival Impossible Foods are racing […]
Read MoreMANILA, Philippines (11:40 a.m.) — The Philippine economy recorded a 6.2% growth in the third quarter of 2019, the government announced Thursday. The country’s gross domestic product is higher than the 5.5% growth in the second quarter this year, the Philippine Statistics Authority said. According to the PSA, net primary income from the rest of the world grew by […]
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Thailand
