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Indonesia: Fruit exports grow, imports decrease

Indonesia’s fruit exports increased by 24 percent in September from the same month last year, according to the Agriculture Ministry. The ministry’s fruit and floriculture director, Sarwo Edhy, said that most export recipients were non-tropical countries, where demand had shifted toward organic fruits. “Our top fruit exports included mangoes, bananas, snake fruits, oranges, mangosteen, pineapples and rambutans,” said Sarwo on Friday as reported by kontan.co.id. At […]

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Singapore: Singtel group of telcos to grow gaming, e-sports ecosystem in South-east Asia, Australia and India

MAINBOARD-LISTED telco Singtel has signed a memorandum of understanding (MOU) with its wholly owned subsidiary Optus and its regional associates – Airtel, AIS, Globe and Telkomsel – to grow the gaming and e-sports ecosystem in South-east Asia, Australia and India. The MOU was signed at the PVP Esports Championship held from Oct 5-7. The championship, in its […]

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Myanmar economy to grow 7.1% despite

DESPITE international pressures on the government driven by ongoing conflicts in Rakhine State, Myanmar’s economy is projected post 7.1 per cent growth this year and 7.4 per cent next year, according to Hoe Ee Khor, chief economist of Asean+3 Macroeconomic Research Office (AMRO). At AMRO’s first-ever press conference in Myanmar on Friday afternoon, Hoe said […]

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Auto sector tops Thai exports to Asean

Vehicles as well as auto parts and accessories topped Thai shipments to Asean in the first eight months of this year, valued at Bt164.8 billion, according to figures from the Department of Foreign Trade. Among the top five exports to the region, the auto sector was followed by fuels, plastics, chemical products, and machinery and […]

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Philippines: Nomura hikes 2018 inflation to 5.4%

MANILA, Philippines — Nomura Securities Ltd. has raised its inflation forecasts over the next two years amid the persistence of higher oil prices, weather-related disruptions, and strong demand conditions. Euben Paracuelles, economist at Nomura, said in a report titled “Philippines: Inflation still soaring in September” inflation may hit 5.4 percent this year and 4.2 percent […]

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