KUALA LUMPUR: Saudi Arabia, Nigeria, Colombia and Malaysia are the clear cut winners if the recent oil price rise continues and is more supply-side driven, says Nomura Global Markets Research. In its emerging markets (EM) insight, it said for the emerging economies, the large net oil importers with weak economic fundamentals would possibly be more […]
Read MoreMANILA, Philippines — The Philippines is laying down a national policy strategy to ensure compliance with international standards and effectively combat money laundering and terrorist financing, a top official of the Anti-Money Laundering Council (AMLC) said. Mel Georgie Racela, executive director of the AMLC Secretariat, said in a letter there is a need for the […]
Read MoreTechnology startups gathered in Phnom Penh on Wednesday to pitch their business models and vie for a singular spot in a prestigious regional competition. The Echelon Top 100 Cambodia Qualifiers, hosted by local telecommunications company Smart Axiata and tech media platform e27, was held to shine a spotlight on Cambodia’s tech scene and the competition’s […]
Read MoreCambodia and Bangladesh committed yesterday to a host of initiatives to enhance trade ties, including updating the terms of their 2006 trade agreement. The commerce ministers of both countries met yesterday in Phnom Penh and discussed the apparently failed agreement to send one million tonnes of Cambodian rice to Bangladesh and the creation of a […]
Read MoreTEMPO.CO, Jakarta – House of Representatives (DPR) Head of Commission IX Dede Yusuf predicts that the number of illegal foreign workers in Indonesia far exceeds those that are registered. “The unregistered ones, illegals that enter the country with a tourist or business visa might be three times bigger than [registered foreign workers],” said Dede at Menteng, Central Jakarta yesterday. […]
Read MoreKUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) has agreed to buy a 95% stake in an Indonesian oil palm company with plantation in East Kalimantan for about RM300mil. The proposed acquisition, KLK told Bursa Malaysia today, represents an opportunity for the group to acquire a company with brownfield oil palm plantation. The target company, PT Putra Bongan […]
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