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Cambodia: Thai firm to help bolster agarwood quality

A Cambodian company is teaming up with a Thai investment partner to spend $100 million improving the quality of Cambodia’s agarwood trees, according to a memorandum of understanding signed by the two companies yesterday. Thoub Chankrassna Khmer Co (TCK), which owns agarwood plantations and an incense factory in Preah Sihanouk province, has partnered with Thai-based […]

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Malaysia exports at RM935.4b, strongest since 2005

KUALA LUMPUR:  Malaysia’s total exports rose almost 19% to RM935.4bil in 2017 – the strongest growth since 2005 and a record high –  underpinned by exports of electrical and electronics (E&E) and also major commodities. The Ministry of International Trade and Industry (MITI) said on Wednesday imports grew about 20% to RM838.14bil, driven by higher […]

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Indonesia: Forex Reserves up 13.6 Percent in January

TEMPO.CO, Jakarta – Bank Indonesia (BI) said the national foreign exchange (forex) reserves at the end of January reached US$131.98 billion. The figure represents a 1.36-percent monthly increase from December 2017’s US$130.20 billion. BI’s executive director for communications Agusman said the forex reserve increase was largely due to an increase in tax revenues and the government’s share […]

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