MANILA, Philippines — The Philippines is expected to become the world’s largest rice importer until 2021as local production will continue to decline. In the latest report of the United States Department of Agriculture-Foreign Agricultural Service, imports will slightly decline this year but will pick up again next year. Rice imports are seen to fall by […]
Read MoreThe application period for the next chief at the Bank of Thailand is set to open later this month to appoint a successor to Veerathai Santiprabhob, whose tenure is due to end in September. The process requires the Fiscal Policy Office (FPO) to form a selection committee for the new central bank head chaired by […]
Read MoreSingapore rose to become the biggest foreign investor in Vietnam in the first four months of 2020 with 5.07 billion USD, accounting for 41 percent of the total. It was followed by Thailand and Japan, with 1.46 billion USD and 1.16 billion USD, respectively, according the Ministry of Planning and Investment’s Foreign Investment Agency (FIA). […]
Read MoreAuthorities are struggling to enforce the use of Myanmar language on the labels of all products on the local market due to the COVID-19 pandemic, a senior Consumer Affairs official said. U Zayar Swe, deputy director of the Consumer Affairs Department, said his agency has yet to conduct any inspections of manufactures for compliance with the […]
Read MoreIn the first weeks of the COVID-19 outbreak in Brunei Darussalam, the prices of certain vegetables and fruit soared, since such imported items were in short supply on the international market. “But these days, following checks of the pricing at local stores, we are satisfied that vendors are not marking up prices and profiting from […]
Read MoreThe Hanoitimes – Vietnam’s exports rose 2% year-on-year to US$80.86 billion in the January-April period, and imports edged up 0.3% to US$78.08 billion. Vietnam posted a trade surplus of US$2.78 billion in the first four months of 2020, significantly lower than a surplus of US$3.74 billion recorded one month earlier, according to the General Department of […]
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