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Philippines, Thailand plan agri collaborations

MANILA, Philippines – The Philippines may undertake future collaborations with the Thailand government to improve its agriculture sector. In a statement, the Philippine Carabao Center (PCC) said it was able to identify the areas it may collaborate on with Thailand, following its meeting with the Department of Livestock DevelopmentThailand. Among the areas of collaboration identified […]

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Singapore-MAS: Property cooling measures still necessary

SINGAPORE: Singapore’s central bank said it’s not yet time to ease property curbs and the adjustments made by the government in March don’t signal an unwinding of the measures. While the property market has stabilised, “it is, however, not time yet to ease the cooling measures. They remain necessary,” Ravi Menon, managing director of the […]

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Malaysia: CPO price sees first gain in three sessions

KUALA LUMPUR: Malaysian palm oil futures charted their first rise in three sessions on Thursday, tracking gains in the performance of rival edible oils on the Chicago Board of Trade (CBOT) and China’s Dalian Commodity Exchange. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was up 1.2 percent at 2,469 ringgit ($575.26) a tonne […]

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philippines: Ecozone investments nearly double in 5 months

MANILA, Philippines – Investment pledges approved by the Philippine Economic Zone Authority (PEZA) nearly doubled in the first five months this year, fueled by the agency’s aggressive program to attract foreign investors, its director general Charito Plaza said. Plaza said PEZA approved P107.75 billion worth of investments from January to May, almost twice the P54.38 […]

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Thailand: PM admits new law too tough

Prime Minister Prayut Chan-o-cha has instructed the Labour Ministry to come up with urgent measures to soften the impact of the executive decree on foreign workers as the stringent new labour law has raised concern about manpower shortages in some businesses. Varanon Peetiwan, director-general of the Department of Employment at the Labour Ministry, said Thursday the prime […]

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Thailand: GDP growth could hit 3.8% on exports

Thailand’s economy could manage up to 3.8% growth this year if exports continue growing, says the government’s planning unit.  The economy is expected to take off strongly in the second half of the year, driven by growing exports, higher private investment, improving farm prices and accelerated infrastructure development, said Porametee Vimolsiri, secretary-general of the National Economic […]

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