Indonesia sees downside risks for economic growth in the first quarter as the government imposed more restrictions to curb a worsening coronavirus outbreak, said the finance minister. The first quarter is “very tough,” Finance Minister Sri Mulyani Indrawati said in an interview with Bloomberg Television’s Haslinda Amin on Saturday. “We hope in February and March we can […]
Read MoreThe government has set a target for rice exports at 6 million tonnes this year, slightly over the 5.72 million tonnes shipped last year. Of the total 6 million tonnes, Keerati Rushchano, director-general of the Foreign Trade Department under the Commerce Ministry, said white rice is expected to make up 2 million tonnes followed by […]
Read MoreKUALA LUMPUR: The ringgit reversed recent losses to open higher against the US dollar Tuesday despite a cautious trading mode, an analyst said. At 9 am, the local currency stood at 4.0410/0460 against the greenback from 4.0430/0460 at Monday’s close. Axi chief global market strategist Stephen Innes said the rising global oil prices prompted market […]
Read MoreMANILA, Philippines — A price freeze that last year proved ineffective on curbing rising prices has again become the Duterte administration’s top strategy to get surging pork and vegetable inflation under control. President Rodrigo Duterte is set to issue an executive order (EO) that will put a cap on pork and vegetable prices, “hopefully this week,” […]
Read MoreBilateral trade between Cambodia and Thailand for 2020 reached only half of the $15 billion target set by the two governments in 2015. Those targets had set a goal of tripling two-way trade. Two-way trade between the two nations was valued at $7.236 billion last year, a decrease of 23 percent, according to Thailand’s Ministry […]
Read MoreThailand is expecting to ship 6 million tonnes of rice in 2021, 5% higher than last year, when it exported its lowest volume of the grain in two decades, the commerce ministry said on Monday. The 5.27 million tonnes exported last year means the country has moved to number three in the world for rice […]
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Thailand
