The Trade Ministry has said that the rice stock from the upcoming harvest season will last through November despite declining production and surging demand. The ministry’s domestic trade director general, Suhanto, estimated rice production to decline by 10 percent to around 17.8 million tons, citing a report by the Indonesian Rice Millers and Entrepreneurs Association […]
Read MoreFor the first time in more than a century of history, Alfa Romeo delivered its thrilling driving experience, outstanding performance and sporty style with a sport utility vehicle – Alfa Romeo Stelvio, which aims to rewrite the rules in the medium-sized premium SUV segment. The Stelvio comes with 2.0-litre Turbo Petrol power plant with 200 […]
Read MoreSINGAPORE – Singapore’s factory output staged a surprising recovery in March, according to data released by the Economic Development Board (EDB) on Friday (April 24). But EDB cautioned that manufacturing output in March had not been significantly impacted by the coronavirus outbreak, and a more pronounced impact is likely to be seen from April onwards due […]
Read MoreEconomic growth for Myanmar will slow significantly to 4.2 percent this year under the global health crisis but could rebound to 6.8pc in 2021 if the virus is confined quickly, according to a report by the Asian Development Bank (ADB). The ADB’s annual Asian Development Outlook report, released this month, puts Myanmar’s GDP growth forecast […]
Read MoreLocal fuel prices have plunged to a record low K310 per litre. That’s almost the same as a litre of water, which costs K300. The fuel price per litre on April 23 had fallen to K310 for Octane 92, K440 for Octane 95, K760 for Octane 97, K450 for diesel and K460 for premium diesel. […]
Read MoreMANILA, Philippines — Local airlines are seen taking a deeper revenue hit this year amid the worsening impact of the coronavirus disease 2019 pandemic in the Asia- Pacific region. Based on the latest estimates from the International Air Transport Association (IATA), passenger demand in the country could decline by 47 percent this year, resulting in […]
Read More
Thailand
