JEMPOL: Malaysia’s biggest sugar refinery, which is being constructed in Tanjung Langsat, Johor, is 45% complete and within the approved budget. It is expected to produce one million metric tonnes of refined sugar annually once it starts operations next year, said Felda Global Ventures Holdings Bhd (FGV) chairman Tan Sri Mohd Isa Abdul Samad. “Once […]
Read MoreWASHINGTON: Indonesia will not need to repeat last year’s major spending cut as the government’s revenue projections look “on track” amid strengthening growth, Finance Minister Sri Mulyani Indrawati said. Sri Mulyani said in an interview yesterday that the government would reallocate some spending within the budget to more “productive” areas that can support growth, such […]
Read MoreLocal and foreign investment in the Kingdom declined by nearly $1 billion last year, with the bulk of losses coming from fewer infrastructure and agriculture projects, while the manufacturing and tourism sectors continued to post massive gains, according to the Council for the Development of Cambodia’s (CDC) annual report published yesterday. According to the report, […]
Read MoreBusiness communities play an important role in accelerating bilateral trade between Vietnam and China, said Huang Xiaohang, vice chairman of the China Council for the Promotion of International Trade under the Zhejiang Provincial Committee (CCPIT Zhejiang). During a business conference yesterday in the capital, Huang said Vietnam has become China’s largest trade partner in ASEAN in […]
Read MoreMANILA, Philippines – Investment pledges approved by the Board of Investments (BOI) jumped by nearly a third in the first four months of the year. BOI managing head Ceferino Rodolfo reported yesterday that the BOI had approved P154 billion worth of projects from January to April, up 31 percent year on year. “This is equivalent […]
Read More
Thailand
