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Philippine economy grows 8.3% in Q1, beating expectations

MANILA, Philippines — The Philippine economy managed to post a stellar growth in the first quarter, smashing expectations despite the Omicron onslaught at the start of the year. Gross domestic product, the sum of all products and services created in an economy, grew 8.3% year-on-year in the first three months of the year, the Philippine […]

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Petrol prices in Vietnam set new record

The latest price adjustment marked the second hike in a row since late April. The retail price of biofuel E5 – RON92 increased by VND1,490 to VND28,950 (US$1.26) per liter and RON95 by VND1,550 to a new record of VND29,980 ($1.30) per liter, respectively, from 3:00 pm today [May 11]. The move came following the […]

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Southeast Asian fruits ride RCEP wave to Chinese market

Xinhua – Durians have entered their best season, and orders for the “stinky” fruit in China began to soar in late April, driving its imports from Southeast Asia, its main producing area. The Regional Comprehensive Economic Partnership (RCEP) agreement, the world’s largest free trade deal to date that took effect on Jan. 1, 2022, has further […]

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