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Philippines economy beats forecasts

  Manila / Bloomberg The Philippines economy grew faster than economists predicted last quarter, giving a boost to new President Rodrigo Duterte as he seeks to attract more investment and speed up infrastructure spending. Gross domestic product increased 7 percent in the three months through June from a year earlier, the fastest pace since the same period in 2013, the ...

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India soybean crop rebounds from decade low on monsoon boost

  Tokyo / AFP India’s soybean output may rebound from an 11-year low as ample rain and sunshine boosts crop development, according to the Soybean Processors Association of India. Production may top the 6.93 million metric tons harvested in 2015-16 if current favorable weather continues next month, Chairman Davish Jain said by phone from Indore. That was the smallest crop ...

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Indonesia palm exports at three-month high

  Jakarta / Bloomberg Palm oil shipments from Indonesia, the world’s largest grower, probably rose to the highest level in three months in July after buyers from China to India boosted purchases. Exports of palm and kernel oils climbed 6.7 percent to 1.9 million metric tons, according to the median of seven estimates from analysts and plantation executives compiled by ...

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