MANILA, Philippines — The Department of Agriculture (DA) is expanding seed production areas in the country efforts to increase farmers’ accessibility to high-quality seeds particularly in Mindanao. DA-attached agency Philippine Rice Research Institute (PhilRice) recently inked an agreement with the University of Southern Mindanao (USM) for the establishment of a 50-hectare seed production area. “Farmers’ […]
Read MoreFear and loathing of the baht’s rapid gain have been on the rise, especially among Thai exporters, as the local currency is perceived as a conduit for speculators to reap short-term gains. The baht’s value hit a six-year high in mid-June of 31.05 against the US dollar as rate-cut signals by the US Federal Reserve […]
Read MoreThe House of Representatives and the government have agreed on a set of macroeconomic assumptions that will form the basis for the 2020 state budget. The agreement projects accelerating gross domestic product (GDP) growth. “Economic growth was agreed at 5.2 to 5.5 percent,” said Golkar Pary lawmaker John Kenedy Aziz when reading out a report of […]
Read MoreBank Indonesia’s (BI) latest assessment on the country’s consumer confidence revealed that domestic consumers have a largely optimistic outlook on the present economic situation, although they are less upbeat in their expectations for the next six months. The consumer confidence index (IKK) was down to 126.4 in June from 128.2 in the previous month as […]
Read MoreGENEVA: The Philippines has banned imports of pigs and pig products from Laos due to an African swine fever outbreak, it said in filings published by the World Trade Organization on Tuesday. The Philippines’ move follows similar steps by China and Thailand, following an outbreak in Laos’ southern province of Saravane. The Philippines also said […]
Read MoreBANGKOK: Thailand’s central bank is fretting over how to cool the world-beating surge in the baht just as the US keeps a watchful eye out for signs of unfair currency policies. Bank of Thailand officials intensified verbal intervention in the past week, with senior director Don Nakornthab saying on Wednesday the “worried” monetary authority is […]
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