Indonesia’s June inflation eases 2.51%

Indonesia’s annual inflation rate slows to 2.51 percent in June 2024, driven mainly by decreases in food, beverages, and tobacco prices, the Central Statistics Agency (BPS) said on Monday, July 1, 2024. (Antara) JAKARTA — Indonesia’s annual inflation rate eased to 2.51 percent in June, lower than expected but still within …

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Malay, UK firm to build fuel facilities

A worker holds a fuel pump nozzle at a gas station in Shah Alam, Malaysia. , Bloomberg  KUALA LUMPUR — Malaysian state-owned Sabah Oil & Gas Development Corp. has signed an agreement with London-based Gibson Shipbrokers Ltd. to develop oil and gas facilities in the Southeast Asian nation’s Sabah state. …

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Asia’s factory activity expands in June

The China Caixin manufacturing purchasing managers index rose to 51.8 in June from 51.7 in May, the highest reading since June 2021.PHOTO: ELLEN ZHANG/REUTERS  TOKYO — Asia’s factory activity expanded in June on solid momentum in the global economy and brightening prospects for semiconductor output, surveys showed on Monday, offering policymakers …

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Creeping invasion

The possibility of moneyed individuals or groups moving to buy chunks of the country while the whole nation’s attention is glued to maintaining its boundaries in the West Philippine Sea is quite disturbing Foreign occupation, which is the worst fear of nations, is upon the country and it is being …

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