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Indonesia wants Philippines import safeguards on coffee mixes lifted

MANILA, Philippines — The Indonesian government is demanding for the Philippines to permanently lift the safeguards on the imports of coffee mixes in exchange for investments in the country. Agriculture Undersecretary Segfredo Serrano said Indonesia has gone straight to President Duterte to lobby for the removal of the special safeguards on coffee mixes which the Department of Agriculture invoked […]

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Vietnam’s e-commerce to earn $10 billion by 2020

Vietnam’s e-commerce is forecast to gross $10 billion by 2020. Significantly, e-commerce has offered more opportunities to Vietnamese enterprises even small-scale enterprises to sell commodities to any nation with meager expense. In addition to traditional export, e-commerce is becoming a pivotal channel for international exporters with annual growth rate of 20 percent – 30 percent […]

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Thailand: Consumer confidence boosted

Consumer confidence rose for the second straight month in February, boosted by the upcoming general election and the return of Chinese tourists.  According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), the consumer confidence index rose to 82 points from 80.7 in January after registering 79.4 in December, 80.5 in […]

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Philippines: Trade deficit widens in January

MANILA, Philippines — The country incurred a trade deficit of $3.76 billion in January, higher than the $3.16-billion gap a year earlier, as imports rebounded and exports continued to drop, the Philippine Statistics Authority (PSA) reported yesterday. In its latest trade report, the PSA said imports reached $9.03 billion in January, up by 5.8 percent […]

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