MANILA, Philippines ? Inflation accelerated to 2.5 percent in June after four consecutive months of slowdown, driven by increases in the cost of transportation, particularly tricycles, which hiked fares by more than a hundred percent to recoup losses during the lockdown and cope with limited passenger carrying capacity, according to the Philippine Statistics Authority (PSA). […]
Read MoreExport earnings from the fisheries sector during the period between 1 October and 26 June in the 2019-2020 financial year reached US$703.7 million, an increase of $105 million from the year-ago period, according to the statistics released by the Commerce Ministry. The figures stood at just $598.7 million during a-year ago period. During the current […]
Read MoreRice quotas for Vietnam under the EVFTA are expected to push Vietnam’s rice exports up from the second half of this year, according to the Ministry of Industry and Trade (MoIT). Under the Viet Nam-EU Free Trade Agreement (EVFTA) effective from August 1, the EU pledges to provide an annual rice quota of 80,000 tonnes […]
Read MoreThe 16th ASEAN Working Group on Halal Food Meeting was held through a virtual video conference at the Syariah Affairs Department in the capital on Tuesday. Acting Director of Syariah Affairs Haji Abdul Rahman bin Matzin, who chaired the meeting, emphasised the importance for the Halal industry in ASEAN to speed up the global adoption […]
Read MoreIndonesian consumers remain anxious about embarking on the so-called “new normal” as shown in a continued reluctance to go out despite the easing of travel restrictions, resulting in a sustained home-based economy, consumer research firms have reported. According to a report by market research firm Kantar, almost half of all Indonesians are still worried about […]
Read MoreThe Hanoitimes – Vietnam’s economy is expected to buck the global trend and expand by 3.0% year-on-year in 2020, being one of the best performing economies in the world in 2020. Vietnam continues its steady ascend up the Infrastructure Risk/Reward Index (RRI) ranking, as a successful Covid-19 containment strategy has limited impact on its economy, and […]
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