FILE PHOTO: Bank Indonesia's logo is seen at Bank Indonesia headquarters in Jakarta, Indonesia, September 2, 2020. REUTERS/Ajeng Dinar Ulfiana/File Photo/File Photo
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Indonesia’s inflation to stay above 5%

JAKARTA: Indonesia’s inflation will remain above 5% in the first half of 2023 and below 4% in the second half, mainly due to high food prices, central bank governor Perry Warjiyo says, warning that the fight to control inflation must continue. “The game is not over, let us together anticipate inflation mainly food inflation,” Perry […]

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Philippines: DTI vows to strengthen export promotion

MANILA, Philippines — The Department of Trade and Industry (DTI) vows to strengthen export promotion efforts by enabling micro, small and medium enterprises (MSMEs) to develop world-class products and implement other initiatives to showcase locally made products to the global market. In a statement, the DTI said its export promotion arm – the Center for […]

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China+One strategy to fuel Malaysia’s growth

PETALING JAYA: Malaysia, the fifth largest economy in Asean, stands to benefit from the “China+One” strategy as global manufacturers trim their dependence on China. Noting that the strategy is being pursued by “every multinational corporation”, CGS-CIMB Research said this will lead to the reconfiguration of supply chains. This in turn will provide trade and investment […]

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