Malaysia: Strong export data helps boost market sentiment Friday, 5 August 2016 – The stronger-than-expected export data for June gave the stock market a much needed base and also shored up the ringgit at the midday break on Friday. At midday, the FBM KLCI was up 3.24 points or 0.2% to 1,658.53. Turnover was 1.13 […]
Read MoreMalaysia: Palm oil stockpile in Malaysia seen rising in July Friday, 5 August 2016 – Palm oil inventories in Malaysia likely rose for a second month in July, in the first back-to-back gain since November, as production continued to recover from stresses caused by El Nino weather. Inventoriesrose 2.2 percent to 1.82 million metric tons […]
Read MoreMalaysia: June exports up 3.4% on-year, surprises survey Friday, 5 August 2016 – Malaysia’s exports delivered a strong set of numbers, up RM2.2bil or 3.4% to RM66.45bil ? surprising economists’ expectations of a 3.7% decline ? underpinned by a strong growth in electrical and electronics. The Statistics Department said on Friday that E&E products increased […]
Read MoreThailand: Tourism, infrastructure to support Thai economy Tuesday, 9 August 2016 – Thailand’s record tourist arrivals and public works spending are expected to offset weak domestic demand and global economic drag, keeping South-East Asia’s second-largest economy on course for 3.1% growth this year, the central bank governor told Reuters in an interview. The trade-dependent economy […]
Read MoreMalaysia: Retail buying supporting broad market, DRB-Hicom in focus Thursday, 4 August 2016 – Blue chips managed to recoup part of their losses early Thursday while the broader market was firmer with retail buying interest seen in lower liners including DRB-Hicom as sentiment was boosted by a rebound in crude oil prices. At 9.43am, the […]
Read MoreMalaysia: Shell to open over 20 new petrol stations this year Wednesday, 3 August 2016 – Shell Malaysia plans to open over 20 new petrol stations this year to maintain its leadership in the fuel retail segment. Managing director of Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn Bhd, Datuk Azman Ismail, said to-date, […]
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