TEMPO.CO, Jakarta – Industry Minister Airlangga Hartarto said textile products and textile industries are strategic industries that give a big contribution for the economy. According to him, the government prioritizes the development of these labor-intensive and export-oriented industries in order to be able to compete at the global level. “Textile industries can also become social security […]
Read MoreTEMPO.CO, Jakarta – Energy and Mineral Resources Minister Ignasius Jonan said the government is focused on implementing one fuel price policy in 3T regions (the frontier, outermost and remote regions). The minister added that the program is also aimed at reducing disparity of basic commodity and fuel prices all over Indonesia. Therefore, Jonan said, this year the government hopes that […]
Read MoreConsumer confidence rose for a fourth straight month in March to the highest level in two years, driven by improving exports, higher prices for crops and commodities, and growing tourism. The University of the Thai Chamber of Commerce (UTCC) reported yesterday that the consumer confidence index rose to 76.8 points last month from 75.8 in […]
Read MoreSINGAPORE: Singapore’s central bank is widely expected to keep policy steady next week, with the economy seen on track to meet the official full-year forecast despite an expected contraction in the first quarter. Eighteen of 19 analysts in a Reuters survey predicted that the Monetary Authority of Singapore (MAS) would keep its exchange-rate based policy […]
Read MoreMACTAN ISLAND, Cebu, Philippines – The Philippines firmed up yesterday agreements with Malaysia and Thailand to open up the banking industry, aimed at greater financial integration and economic development among members of the Association of Southeast Asian Nations (ASEAN). Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. led yesterday the signing of the Declaration of […]
Read MoreMANILA, Philippines – The Asian Development Bank (ADB) expects economic growth in the Philippines to moderate to 6.4 percent in 2017 as the rise in commodity prices tempers consumer spending. In its Asian Development Outlook 2017 report, the multilateral development bank said it is retaining its domestic growth expectation for 2017 but foresees domestic economic […]
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Thailand
