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Indonesia’s export value hits record in 10 years

Jakarta (VNA) – Indonesia’s export value hit 18.35 billion USD in March, the highest level since the 18.64 billion USD posted in August 2011, according to the Statistics Indonesia (BPS). The March’s figure represented rises of 20.31 percent and 30.47 percent month-on- month and year-on-year, respectively. BPS’ leader Kecuk Suhariyanto said at an online press conference that the […]

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Philippines: Budget utilization moderate in Q1

MANILA, Philippines — Budget utilization by government agencies eased in the first quarter, according to the Department of Budget and Management (DBM). Agencies used up P788.85 billion out of the P810.68 billion released through Notices of Cash Allocation (NCA) from January to March. This resulted in a utilization ratio of 97 percent, down from 99 […]

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Thailand: Wearables segment sees steady growth

Thailand’s shipments of wearables grew 47.3% year-on-year to 3.46 million units in 2020 despite the pandemic as Chinese smartphone vendors made forays into this segment, according to International Data Corporation (IDC), a tech market research firm. The growth was supported by strong uptake of earwear, which grew 97% to 1.3 million units in 2020. In […]

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Thailand: Demand for office space remains robust

Though the pandemic has affected many tenants, demand for office space in Bangkok in the first quarter remained strong, driven by the growth of e-commerce, tech and logistics businesses. Phattarachai Taweewong, research and communication director at property consultant Colliers Thailand, said demand for Bangkok office space remained robust, although there was a drop in the […]

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