[NEW YORK] Add Singapore to the list of headaches for sugar producers. The country, one of Asia’s biggest per capita consumers, plans to implement a ban on ads for packaged drinks with very high sugar content in a health campaign. The move joins government crackdowns on sugar consumption from Chile to South Africa. Sugar has […]
Read MoreBrunei economic growth is expected to pick up in 2019 to 1.8 per cent, with the outlook improving further over the medium term, driven by stronger oil and gas (O&G) activities from asset rejuvenation and large foreign direct investment (FDI) projects. This was highlighted by International Monetary Fund (IMF) in its 2019 article IV consultation […]
Read MoreThe Hanoitimes – Private investors, especially foreign investors, remain skittish about investing in infrastructure projects due to high risks, long-term payout schedules, and site clearance issues The Vietnamese government is trying to lure investors to the country’s infrastructure development projects amid limited public funding and experts believe the investors will come if the government can […]
Read MoreSTRONG growth is expected in Indonesia’s mass affluent and high net worth populations in the next three years, representing a significant opportunity for wealth managers, according to an Oct 14 report by data and analytics firm GlobalData. The number of mass affluent individuals, defined as those with liquid assets of US$50,000 to US$1 million, has […]
Read MoreMANILA, Philippines — The Philippine Chamber of Agriculture and Food Inc. (PCAFI) is asking the government for an annual sugar import allocation of around 105,000 metric tons to help stabilize supply. Processors are actually requesting a maximum of 10 percent sugar import allocation out of the country’s annual sugar production of 2.1 million MT. PCAFI, […]
Read MorePETALING JAYA: Tax experts and economists have deemed Malaysia’s economic growth forecast of 4.8% next year as being “quite optimistic, ” in light of the challenging external environment. Speaking at a panel discussion on the recent budget, Axcelasia Taxand Sdn Bhd chairman Veerinderjeet Singh said he expected Malaysia’s economic growth to be lower in 2020. […]
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Thailand
