TEMPO.CO, Jakarta – Bank Indonesia Deputy Governor Perry Warjiyo has predicted 5.3 to 5.7 percent economic growth in 2019. The increase in economic growth is expected thanks to the economic benefit of ongoing structural reforms. “In 2019, the impact of investment and infrastructure productivity will be very lively. Acceleration of growth will be faster,” he said yesterday, August 25. Perry said […]
Read MoreSINGAPORE’S factory output in July far exceeded expectations by surging 21 per cent year on year, led mainly by strong output from the electronics and precision engineering clusters. Excluding biomedical manufacturing, output grew 24.9 per cent year on year, based on the latest data released by the Economic Development Board (EDB) on Friday. Private sector […]
Read MoreCambodian officials and members from the private sector have refuted international media reports that claim the price for rice exports to Bangladesh will be set at $453 a tonne as part of a government-to-government deal that hopes to see 250,000 tonnes of white rice exported to Bangladesh by October. A report released yesterday by Reuters […]
Read MoreThe export value of bananas in the first six months (Q1 and Q2) of this year decreased compared to the same period last year and is expected to decline further. The drop in exports comes after the government called a halt to the establishment of large scale banana plantations in a bid to prevent environmental […]
Read More[KUALA LUMPUR] Malaysia’s Sime Darby, the world’s largest oil palm planter by land size, announced on Friday its fourth-quarter net profit more than halved on weak performances at its industrial, logistics and property segments. The conglomerate, whose interests include plantations, properties and motors, recorded a net profit of 571 million ringgit (S$181.902 million) for the […]
Read MoreMANILA, Philippines – Philippine power rates remain one of the highest in Southeast Asia as of end-2016 due to continued lack of government subsidies, latest Department of Energy (DOE) data showed. Based on the Power Development Plan 2017 to 2040 released yesterday, the country’s power rates are among the highest in the region, at par […]
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Thailand
