KUALA LUMPUR: Malaysia’s trade exports in January surged 17.9% year-on-year to RM82.86bil, underpinned by growth in all major sectors and increased trade with its major trading partners. The Ministry of International Trade and Industry (MITI) said in its external trade statistics report that imports grew 11.6% to RM73.15bil, resulting in a trade surplus of RM9.71b. […]
Read MoreIndonesia’s ambitious oil refinery development plans are prone to delays and even cancellations due to the country’s notorious policy flip-flop, according to global think tank BMI Research, a unit of Fitch Group. State-owned energy giant Pertamina is currently in the process of upgrading its four existing refineries and building two new ones in a bid […]
Read MoreTouch Printing Republic Co, an on-demand printing service firm, has started a co-working space for textile designers and plans to launch a design-to-print online marketplace platform. The space serves both designers who want to print and sell their work, as well as consumers who want to create and print their own do-it-yourself (DIY) pieces. “Users require […]
Read MoreStarting from March 2018, more than 3000 items will be included in the Export Negative List, implying that export licenses must be applied for them before they are exported, according to the Ministry of Commerce (MOC). The MOC’s notification (9/2018) will come into effect starting March 1, 2018. Its objective is to maintain food security […]
Read MoreMANILA, Philippines — The Philippine Economic Zone Authority (PEZA) is ramping up efforts to transform idle lands into special economic zones that are expected to drive economic development in communities. “Our target is at least two ecozone per municipality or city nationwide. So we are going around inviting local government units (LGUs) and landowners, including […]
Read MoreThe government has allowed foreign investors to bid for mining concessions with a total area of more than 500 hectares, while smaller areas will be prioritized for regional administration-owned enterprises (BUMD) operating in their regions. The Energy and Mineral Resources Ministry recently issued Regulation No. 11/2018 through which it introduced detailed stipulations regarding the auction of […]
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Thailand
