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Indonesia posts largest trade gap in 7 months

JAKARTA: Indonesia posted its biggest trade deficit in seven months in November, as exports fell more than expected and imports of consumer goods soared ahead of year-end festivities. November’s trade gap was $1.33 billion, data from the statistics bureau showed on Monday, the widest since April and much larger than the median forecast of a […]

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Indonesia’s Nov trade deficit biggest in 7 months

[JAKARTA] Indonesia posted its biggest trade deficit in seven months, as exports fell more than expected, data from the statistics bureau showed on Monday. November’s trade gap was US$1.33 billion, the widest since April and much worse than the median forecast of a Reuters poll of a US$130 million deficit. Southeast Asia’s largest economy had […]

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UK firm launches new cruise linking Cambodia, Vietnam

Leading tour specialist Wendy Wu Tours last week officially launched a new cruise service linking Can Tho, in southern Vietnam’s Mekong Delta region, with Phnom Penh. The route will be serviced by the Victoria Mekong, a 35-cabin, four-star cruise ship. The ship has a 360-degree-view restaurant on the upper deck as well as shopping stores, […]

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Modest private home price growth expected in Singapore

SINGAPORE’S private housing market is poised for modest price growth next year, amid a resilient leasing market. However, developers are expected to continue being challenged by the significant supply of unsold private housing units in the pipeline although, by some estimates, the oversupply could ease by the end of 2021. Data from the Urban Redevelopment […]

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Betting big on technification in South-east Asia

THERE has never been a better time than now to be a tech investor in South-east Asia. The region’s tech companies saw investments worth US$5.99 billion in just the first half of 2019, with early-stage investments rising sharply. Tech companies, many of them just a few years old, are transforming traditional industries today. Take Tokopedia […]

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