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Indonesia, Philippine stocks fall on profit-taking

Indonesian and Philippine shares fell on Monday as investors chose to book profit after recent gains, while Malaysia hit its highest in nearly 22 months on the back of gains in telecom stocks. The Jakarta Composite Index closed 0.1% lower following last week’s record-setting spree with consumer and energy stocks leading the decline. “I think […]

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Indonesia plans to file WTO complaint over EU biodiesel duties

JAKARTA: Indonesia plans to file a World Trade Organization complaint this month against European Union anti-dumping duties on biodiesel exports from the Southeast Asian country, trade officials said on Sunday. Indonesia said in a statement the EU duties on biodiesel were inconsistent with the WTO’s Anti-Dumping Agreement and disputed the calculations that they were based […]

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Vietnam releases official code of conduct for tourists

Vietnam’s Ministry of Culture, Sports, and Tourism has issued a code of conduct for the tourism industry, with recommendations for both local and international tourists, as well as tourism service providers. The etiquette guidebook consists of two chapters with 12 articles, aimed to guide tourists to behave in an appropriate way, the Vietnam National Administration […]

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Malaysia, Laos keen to expand bilateral cooperation

Malaysia and Laos have expressed the desire to expand cooperation in training, investment, banking, finance, transportation, tourism, education and defence for mutual benefit. This was emphasised at a meeting between Malaysian Foreign Minister Anifah Aman and visiting Laos Foreign Minister Saleumxay Kommasith at Wisma Putra in Putrajaya today. Anifah, in his welcoming remarks, expressed confidence […]

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Thailand: Exports to grow 8% on value-added items

The value of Thai food exports is projected to grow by 8% this year to reach US$26 billion thanks to more value-added food items and higher global demand. Malee Choklumlerd, director-general of the International Trade Promotion Department, said Thailand shipped about $24 billion worth of food last year, or about 840 billion baht, which made […]

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