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Philippines: Peso may weaken as virus spreads

MANILA, Philippines — The peso may weaken against the dollar over the next two years as the Philippines continues to struggle in containing the still raging pandemic, according to Fitch Solutions Country Risk & Industry Research. Fitch Solutions now expects the local currency to settle at an average of 48.4 to $1 instead of strengthening […]

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CP Cambodia invests $67 mn in animal food production

Leading Asia-Pacific agro-industrial and food conglomerate CP Cambodia is investing more than $67 million in animal production, food processing and slaughterhouses in the Kingdom. This investment aligns with the government’s policy and development plan for the agricultural sector 2019-2023, said Minister of Agriculture, Fisheries and Forestry (MAFF) Veng Sakhon,. Sakhon posted on his official facebook […]

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