KUALA LUMPUR: Malaysian palm oil futures registered its sharpest daily decline in a month on Monday evening, falling for a third straight day on weakness in soyoil on the Chicago Board of Trade. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was down 1.7 percent at 2,204 ringgit ($538.88) a tonne at the end […]
Read MoreMANILA, Philippines — The Department of Trade and Industry (DTI) is pushing for the adoption of a similar system as rice tariffication on sugar wherein imports would be allowed to enter the country with a tariff. Trade Secretary Ramon Lopez told reporters the proposal would involve allowing sugar imports as long as tariffs are paid as a form of […]
Read MoreInternational cash and carry brand Makro will build a commercial centre in Siem Reap, following the approval of the investment by the Council for the Development of Cambodia. The mall, located in Prasat Bakong district, will cost nearly $19 million and will create 179 jobs for locals, according to CDC. James Hodge, associate director of […]
Read MoreThe Hanoitimes – Petrolimex, Vietnam`s largest petroleum distributor, has suggested postponing the further sale of its shares until the 2019 – 2020 period, citing unfavorable market conditions in 2018 as reason. Vietnam National Petroleum Group (Petrolimex) has proposed expanding the foreign ownership limit in itself to 49% from the current 20% to attract investors, especially foreigners, […]
Read MoreKUALA LUMPUR: The implementation of the RM1,500 minimum wage will be carried out gradually to allow a recovery in the country’s economy, said Prime Minister Tun Dr Mahathir Mohamad. He said if Malaysia starts spending money which it does not have, it would not be good for the country in the long run. “If we […]
Read More[HONG KONG] If Sherman Kwek sounds annoyed, he has his reasons — 2.9 million square feet worth of reasons. That figure, equating to 270,000 square metres, is the total saleable area of apartments almost ready to hit the market on the books of City Developments Ltd, the Singapore developer controlled by the family of billionaire […]
Read More
Thailand
