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Chinese CNY Spending Growth Slows, Indonesia Eyes Lucrative Halal Pie

Bharat Joshi, Investment Director in Indonesia, Aberdeen Asset Management

12-Feb-19 07:30

Chinese CNY Spending Growth Slows, Indonesia Eyes Lucrative Halal Pie

The Morning Run crew discusses:

01:58 - Data showed that people in China spending some 149 billion Dollars over the the Lunar New Year week-long holiday. That was 8.5% higher when compared to festive period last year but the slowest increase since at least 2011.

04:54 - We discuss with Bharat Indonesia's plan to leverage the economic potential of the halal industry. Indonesia is set to make halal labelling for consumer products and services mandatory this year. The products include everyday items like shampoos and toothpaste and cosmetics, as well as food items.

Presented by: Joyce Goh, Julian Ng, Sharidz Abdullah


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Categories:  Business Analysis

Tags:  China,  spending,  Lunar New Year,  Indonesia,  halal labelling,  consumer products, 


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