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Thailand: Retailers prepare meatless bargains

Tops, Central Food Hall and Family Mart are preparing for the 2020 Vegetarian Festival, where customers are encouraged to eat vegetarian from Oct 16 to 25, with deals and events promoting meatless food. The food retailers are cooperating with the Internal Trade Department of the Commerce Ministry to produce a vegetarian menu for 25 baht, […]

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Govt eyes Japanese companies to relocate to Indonesia amid slowing investment

The government aims to lure Japanese companies into relocating to Indonesia, as it launched on Wednesday an integrated data platform to spur investment and economic relations between the two countries as the health crisis impacts the economy. The integrated data platform, dubbed Japan-Indonesia Partnership Lounge (JAIPONG), is set to provide information on economic cooperation opportunities […]

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Singapore central bank holds monetary policy

SINGAPORE: Singapore’s central bank left its monetary policy unchanged, saying its accommodative stance will remain appropriate for some time as the city-state’s economy emerges from its coronavirus slump. The Monetary Authority of Singapore (MAS) manages policy through exchange rate settings, rather than interest rates, letting the Singapore dollar rise or fall against the currencies of […]

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Philippines: Imported vehicle sales down 46%

MANILA, Philippines — Sales of car importers dropped 46 percent in the nine months to September as all vehicle segments posted declines, the Association of Vehicle Importers and Distributors Inc. (AVID) said. Although sales surged 212 percent on a quarter-on-quarter basis, the group is hopeful the automotive industry will continue to see improvement in the […]

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