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Philippines: Sugar input down 9.5 %

MANILA, Philippines — The country’s raw sugar production continued to decline for the sixth consecutive week, dropping 9.5 percent in the fourth week of April. Figures from the Sugar Regulatory Authority showed that raw sugar production reached 1.67 million metric tons (MT) as of April 24, lower than the 1.85 MT in the same period […]

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Vietnam’s labor productivity and the role of SOEs

The question for Vietnam is how to become a high-income economy while increasing productivity and protecting its resources. This is the issue addressed by Manuela V. Ferro, the World Bank’s Vice President for East Asia and Pacific, in an article “To prosper, Vietnam needs to increase efficiency”. “For Vietnam to achieve the desired transformation results, […]

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Malaysia palm oil output, exports up 30% by year-end, minister says

KUALA LUMPUR (Reuters) — Malaysia’s production and exports of palm oil are expected to rise 30% by the end of this year, amid increased demand after neighboring Indonesia banned exports and following the re-entry of plantation workers from abroad, a minister said. Malaysia, the world’s second-largest palm oil producer after Indonesia, stands to benefit from a global […]

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Thailand: Rate hike concerns spook stock investors

Thai stocks extended losses on Monday as investors worry strong US jobs reports and the prolonged Russia-Ukraine war will drive the Federal Reserve to move with more aggressive and quicker rate hikes to fight inflation. The markets expect the war will keep energy prices high, making it more challenging for central banks globally to control […]

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