KUALA LUMPUR: Malaysia’s industrial production index (IPI) rose 4.7% in February from a year ago, underpinned by the manufacturing sector, but the growth was below a Bloomberg forecast of a 6.1% growth. The Statistics Department said on Tuesday the growth in February 2017 was driven by positive expansion in manufacturing (6.5%), mining (0.4%) and electricity […]
Read MoreBusiness leaders are urging the government to take action over the Thai baht’s appreciation before it hurts Thai exports. Chen Namchaisiri, chairman of the Federation of Thai Industries (FTI), said the strong baht is becoming a concern for businesses. Speaking at a meeting of the Joint-Standing Committee on Commerce, Industries and Banking (JSCCIB), Mr Chen […]
Read MoreA Myanmar Payment Union (MPU) system for trade-related payments between the Ministry of Commerce and traders involved in export and import has been recently finalised, according to U Khin Maung Lwin, assistant secretary at the ministry. “It is mainly for payment of licence fees to the Ministry of Commerce. Currently, [businesspersons] have to go to […]
Read MoreBRUNEIANS should not look down on agriculture as an undesirable business to engage in, as a decent living can be earned from properly managed farms. This was said by Haji Ayub bin Haji Suhaili, one of the founders of Eco Nadi Agrobiz, an agriculture company from Tutong, in an interview with the Bulletin at the company’s […]
Read MoreAFTER several years of declining gross domestic product (GDP), falling consumer prices and widening fiscal deficits, Brunei Darussalam is poised for a mild turnaround, the Asian Development Bank (ADB) said. Large construction projects and recovering oil and gas production and prices are expected to lift GDP and inflation into positive territory and narrow the fiscal gap. […]
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