PUTRAJAYA: The country’s commodities, particularly palm oil, are expected to enjoy higher prices in 2017, with the increase in export revenue set to reach up to 8%. Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said the average price of crude palm oil (CPO) for this year would range between RM2,700 and RM2,800 […]
Read MoreJAKARTA: Indonesia’s exports rose faster than expected in December onstronger commodities prices, helping to narrow the pace of decline in full-year trade for the resource-dependent economy. Shipments from South-East Asia’s largest economy in 2016 were worth US$144.4bil. This was down 3.95% from a year earlier, data from the statistics bureau showed yesterday, slower than the […]
Read MoreSevere flooding in the South is estimated to cost businesses 27.4 billion baht, with rubber farmers hit the hardest, according to TMB Analytics. Of the total 27.4 billion baht in damages, 19.1 billion is to the rubber business, 3.53 billion to the tourism sector, 2.94 billion to the palm oil business, 751 million to fisheries, […]
Read MorePrime Minister Thongloun Sisoulith has urged the business and public sectors in Laos and Thailand to open their hearts to investment and cooperation. He made the comment at the Lao-Thai Business Forum 2017 in Vientiane yesterday, organised by the Lao National Chamber of Commerce and Industry in collaboration with the Thai Embassy to Laos. The […]
Read MoreCambodia is not keeping up with the global pace of innovation and business competitiveness across world as the country continues to suffer from low skills levels and low-value exports, according to a report released yesterday at the Davos Economic Forum, coinciding with Prime Minister Hun Sen’s visit to the event. The 2017 Global Talent Competitiveness […]
Read MoreMANILA, Philippines – The government’s efforts to improve the Philippines’ air connectivity with other countries will continue to stimulate increased tourist arrivals in the country this 2017, a senior official of the Department of Tourism (DOT) said. Tourism Undersecretary for development planning Benito Bengzon told The STAR the country would achieve its 6.5 million foreign […]
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