Charoen Pokphand Foods Plc (CPF), Thailand’s largest food producer, reported yesterday 8% year-on-year growth in sales revenue for the first nine months buoyed by sales from overseas operations. Total sales revenue was 372 billion baht for the period, an increase from 344.8 billion year-on-year, according to a CPF statement filed to the Stock Exchange of […]
Read MoreTEMPO.CO, Jakarta – Indonesia’s coffee exports to South Korea in the first eight months of 2017 have recorded an increase of 53.01 percent to reach US$9.42 million as compared to the same period last year, according to the Trade Ministry. The rise in coffee consumption in South Korea is the reason behind the high demand for Indonesian coffee in […]
Read MoreTEMPO.CO, Jakarta – The Energy and Mineral Resources Ministry has amended 13 coal business contracts (PKP2B), and plan to amend 18 more before the end of 2017. Energy Minister Iganasius Jonan said that the amendment adheres to the Mineral and Coal Law. Jonan signed the 13 amendment scripts yesterday. The minister said the amendments will result in […]
Read MoreTEMPO.CO, Jakarta – The International Monetary Fund (IMF) projects Indonesia`s economy in 2018 will reach 5.3 percent, or one percent lower than what the government targeted. Nevertheless, the IMF believes Indonesia’s economic growth is still quite good and can reach 6.5 percent in the next few years. “When compared to other countries, the Indonesian economy is doing well. […]
Read MoreSINGAPORE plans to work with partners in Hong Kong and Canada in developing the use of blockchain technology, the Monetary Authority of Singapore (MAS) announced on Tuesday. The MAS will set up a cross-border platform with the Hong Kong Monetary Authority to boost trade finance using distributed ledger technology. This will enable the seamless transfer […]
Read MoreA free trade agreement signed between Hong Kong and members of the Association of Southeast Asian Nations (Asean) stands to benefit the Kingdom by helping it diversify its export destinations, an economist said yesterday. The agreement, which was signed on Sunday in Manila, concludes nearly three years of talks and is expected to take effect […]
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Thailand
