A SIGNIFICANT new development recently took place in the country as a groundbreaking ceremony was held for the first fertiliser factory in Brunei Darussalam at the Sungai Liang Industrial Park (SPARK) in Kuala Belait. As was reported following the ceremony, which took place on August 1, the fertiliser plant seeks to utilise Brunei’s abundance of […]
Read MoreKUALA LUMPUR: The United States-China trade war could adversely impact Malaysia’s Gross Domestic Product (GDP) growth by 1.3 per cent against what has been projected over the next two years. CIMB Group Chief Economist Dr Donald Hanna said this scenario was possible if the tariff war continued to escalate and shake the confidence of financial markets, […]
Read MoreThe Ministry of Commerce organised a workshop yesterday to train more than 40 government officials from across the country on issues pertaining to market intelligence. Suon Vichea, director of the Trade Training and Research Institute (TTRI), said at the workshop that enhancing market intelligence is critical to overcome some of the major barriers local products […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia said it is confident it would be able to keep the country`scurrent account deficit below 3 percent by the end of this year. By the end of the first half of the year the current account deficit already reached 2.6 percent of the country`s Gross Domestic Product (GDP). “Until the end of the year we are confident the deficit could be kept below 3 percent,” Executive Director of Statistic Department of the Central Bank Yati Kurniati told reporters on Friday. […]
Read MoreWhen it comes to readiness for business-to-consumer (B2C) e-commerce, Thailand is in the middle of the pack worldwide, according to a 2015 study by the UN Conference on Trade and Development (Unctad). It ranked the country 70th among 130 countries surveyed, compared with 45th for Malaysia and 8th for South Korea. The Unctad survey focused on […]
Read MoreIran is selling oil and gas at a discount to Asian customers as it prepares for the return of US sanctions, state news agency IRNA reported on Monday. The “informed source” in Iran’s oil ministry did not give details of the discount, but sought to downplay the move as common industry practice. “Discount is part […]
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