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Philippines: Inflation likely slowed in July

MANILA, Philippines – Inflation likely eased in July due to stable food prices and lower electricity rates, the Department of Finance (DOF) said yesterday. DOF Undersecretary and chief economist Gil Beltran said the inflation rate may have slightly dropped to 2.7 percent in July from 2.8 percent in June. This was, however, up from the […]

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Vietnam’s firms to head to Thailand for ASEAN-India Expo

HCM CITY — The High Quality Vietnamese Product Business Association will lead a business delegation that will participate in the 2017 ASEAN-India Expo and Forum to be held this week in Bangkok. Organised by the Thai Ministry of Commerce, the event is meant to strengthen the strategic partnership between ASEAN and India and enhance trade, investment and tourism connectivity between them. […]

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Thailand: Retail sales dip in Q2 but rebound on the cards

Thailand’s retail industry grew 2.81% in the first half of 2017, lower than the 3-3.2% expected earlier, the Thai Retailers Association (TRA) said yesterday. While retail sales grew 3.02% in the first quarter, growth was sluggish in the following three months, said TRA president Jariya Chirathivat. Retail branches in Greater Bangkok and major tourist areas […]

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Indonesia: Govt Has No Option But to Import Salt: Minister

TEMPO.CO, Pekanbaru – Minister Darmin Nasution said that the government has no option but to import salt following the lack of supply on the domestic market. “We have no choice, it’s already been done, the stocks of salt are lacking,” the Coordinating Minister for Economic Affairs Darmin said yesterday, July 31, in Pekanbaru. He said that salt import is […]

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