KUALA LUMPUR: Malaysia’s natural rubber (NR) production declined by 22.7 per cent to 35,845 tonnes in April 2018 from 46,381 tonnes in March, said the Department of Statistics (DoS). The production also decreased by 27.1 per cent year-on-year, it said in a statement today. Month-on-month (m-o-m), the average price of latex concentrate fell 5.5 per […]
Read MoreRETAIL sales continued its lacklustre streak in April, ticking up marginally by 0.4 per cent compared to a year ago, dragged down by a sharp dip in computer and telecommunications equipment. This followed March’s 1.1 per cent drop in retail sales. Excluding motor vehicle sales, retail takings inched up 0.7 per cent in April, according […]
Read MoreMANILA, Philippines — The peso retreated yesterday, closing to its lowest in almost 12 years at 52.95 to $1 due to uncertainties caused by the recent developments in the G7 meeting, analysts said. The local currency weakened by 25 centavos from last Friday’s close of 52.70 to $1. This was the lowest since the peso […]
Read MoreThe commerce and industry ministries are escalating demands that the Vietnamese government eliminate non-tariff barriers on cars imported from Thailand, as Thai car shipments to Vietnam have stalled for over six months. Thailand is pressuring Vietnam to eliminate its non-tariff barriers on completely built-up (CBU) cars exported from Thailand. Thai exporters suspended their car shipments after […]
Read MoreThough the new Myanmar Companies Law is less than three months away from being officially enforced, interest to list on the Yangon Stock Exchange (YSX) has not picked up as substantially as expected, said U Thet Tun Oo, senior executive manager of the YSX. The Myanmar Companies Law, which was enacted December 6, 2017, will […]
Read MoreRevenue Group Bhd, a Malaysia-based cashless payment solutions provider, has unveiled plans to expand its business in Cambodia and Myanmar, saying it will use some part of the capital it raises from an initial public offering (IPO). Malaysian daily The Star said that Revenue Group Bhd expects to raise 20.61 million ringgit ($5.17 million) from […]
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