PETALING JAYA: The country’s consumer price index (CPI) rose 1.5% in June, in line with analyst expectations, due to the low base effects arising from the removal of the goods and services tax (GST) last year. The Statistics Department said in a statement that the abolition of the GST had led to the increase in […]
Read MoreIndonesia kicked off on Thursday operations of the country’s first microalgae-based biotechnology company, which is expected to ease the pharmaceutical industry’s dependency on imports of raw materials. Belonging to PT Evergen Resources, the facility was inaugurated by Health Minister Nila F. Moeloek in Kendal, Central Java. According to Evergen Resources founder and CEO Siswanto Haryanto, Evergen Resources […]
Read MoreSINGAPORE – Rents of retail space in the central region of Singapore declined 1.5 per cent in the second quarter of 2019 over the previous three months, after dipping 0.2 per cent in the first quarter of this year, according to data released by the Urban Redevelopment Authority (URA) on Friday (July 26). URA’s price […]
Read MoreThe General Department of Customs and Excise earned $1.4 billion in revenue during the first half of 2019, up 25.5 percent compared to the same period last year. For in depth analysis of Cambodian Business, visit Capital Cambodia By June, GDCE had collected 65 percent of its target for the whole year, according to the latest […]
Read MoreBusiness operators have hailed the new government’s policy manifesto, but added they are curious to see if it can be implemented quickly. The private sector is calling for transparency in policy implementation and economic stimulus measures such as improving crop prices and solving bearish exports. Kalin Sarasin, chairman of the Thai Chamber of Commerce, said […]
Read MoreMANILA, Philippines — Debt watcher S&P Global Ratings expects more rate cuts from the Bangko Sentral ng Pilipinas (BSP) over the next two years amid the continued inflation downtrend and soft economic growth. In a report, S&P said it expects the BSP to slash interest rates by 75 basis points this year and by 50 […]
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Thailand
