ADB Forecasts Growth in Asia-Pacific
Tempo is reporting that the Asian Development Bank (ADB) forecasts economic growth in the Asia-Pacific region will reach an average of 4.9 percent in 2024. This growth is supported by strong domestic demand, improved semiconductor exports, and the recovery of the tourism industry. “We believe that growth in the majority of developing economies in Asia
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Ministry: Limiting Electronic Imports Supports Domestic Businesses
Indonesia’s Ministry of Industry hopes that new regulations on the import trade in electronic products can create opportunities for domestic manufacturers, according to reporting from Tempo. “We hope that domestic manufacturers can capitalize on the demand for electronic products, which will increase their capacity and diversify their product types,” said Priyadi Arie Nugroho, Director of
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