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Philippines, World Bank sign agrarian reform loan agreement

MANILA, Philippines — The Philippines and the World Bank have signed a loan agreement of $370 million or approximately P18.3 billion to fast-track the distribution of land to agrarian reform beneficiaries, according to the Department of Finance (DOF). In a statement, the DOF said Finance Secretary Carlos Dominguez and Achim Fock, the World Bank’s acting […]

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Thailand: Rice exports primed for decade-low

Thailand’s rice exports are likely to plunge to 6.5 million tonnes this year, the lowest in a decade, from an earlier projection of 7.5 million tonnes because of a spate of negative factors, says the Thai Rice Exporters Association. Chookiat Ophaswongse, the association’s honorary president, said after a discussion with Commerce Ministry officials including Commerce […]

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Indonesia: Low-cost property dominates market demand in year’s first half

Consumer interest in low-cost housing dominated the property market demand in the first half of the year, while sales started to pick up amid the impact of the pandemic on the sector, online property marketplace 99 Group data show. According to Singapore-based property marketplace start-up 99 Group, which owns 99.co and rumah123.com, low-cost residential property, priced below Rp […]

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