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Philippines: Low rice prices remain

MANILA, Philippines — Almost one year since the opening up of the market, prices of Filipinos’ main staple remained low and stable at the expense of farmers who continue to earn less, following the influx of imported rice. Latest data from the Philippine Statistics Authority (PSA) showed consistent lower prices nearly a year after the […]

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Foreign retailers hurry to cash in on Vietnamese market

The Hanoitimes – Vietnam, with its young demographic, growing incomes and large population, is considered a hugely promising market for retailers. Robust economic growth, rising incomes and retail sales increasing at the fastest rate in four years are making overseas retailers rush to set up outlets in Vietnam and expand quickly to tap the market. Miki […]

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Thailand: BoT warns of GDP growth below 1%

The Bank of Thailand says the economy is likely to expand by less than 1% in 2020 if the coronavirus outbreak lasts throughout the year, says a central bank senior official. If the virus continues to spread for the entire year, which is longer than the central bank’s base-case scenario, GDP growth could be lower […]

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