MANILA, Philippines — Local consumers will not feel the burden of higher prices of rice even if the government imposes safeguard duties on imports. The Federation of Free Farmers (FFF) allayed fears that rice prices will increase once safeguard duties are imposed on rice imports. This as Trade chief Ramon Lopez and consumer groups said […]
Read MoreIn a fresh move to lure more firms to set up shop in Myanmar, fees to incorporate or register a new business in the country will be reduced to K150,000 from K250,000 from October 1, the first month of fiscal 2019-20. The Directorate of Investment and Company Administration (DICA) yesterday issued Notification (84/2019) announcing amended […]
Read MoreGRAB contributed US$5.8 billion to South-east Asia’s economy in the 12 months leading up to March 2019, through driver, delivery, merchant and agent incomes and sales generated through its platform and Grab unit Kudo. In its inaugural social impact report released on Tuesday, Grab said that there were about nine million micro-entrepreneurs on its platform […]
Read MoreThai exports dropped four per cent last month, representing a loss of $21.9 billion, largely as a result of imports being front-loaded to avoid US tariffs coming into effect on October 1, the Commerce Ministry reported on Friday. Thai exports thus contracted 2.2 per cent in the first eight months of the year. The ministry […]
Read MoreKUALA LUMPUR Malaysian palm oil futures fell over 1% on Monday evening, extending losses into a fourth consecutive session on expectations of sluggish export demand and higher production. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was down 1.7% at 2,189 ringgit ($524.06) per tonne at the close of […]
Read MoreMANILA, Philippines — The value of counterfeit goods seized by the government reached close to P14 billion in the January to July period, with cigarettes and alcohol products topping the haul, according to the Intellectual Property Office of the Philippines. IPOPHL said the counterfeit items worth P13.73 billion confiscated by the National Committee on Intellectual […]
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