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Malaysia and Japan ink halal cooperation deal

TOKYO: Malaysia and Japan have signed a memorandum on halal cooperation to pave the way for more business opportunities in the halal industry. The agreement was signed by Entrepreneur Development Minister Datuk Seri Mohd Redzuan Yusof and Japanese Economy, Trade and Industry Minister Hiroshige Seko. Mohd Redzuan said the cooperation sent a strong signal on the seriousness of both countries in realising a win-win collaboration. He […]

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Philippines: Fiscal gap swells as spending surges in Oct 2018

MANILA, Philippines — The country’s fiscal deficit ballooned by 175 percent to P59.9 billion in October from only P21.8 billion a year ago as revenue failed to keep up with the government’s aggressive spending program, the Bureau of the Treasury reported yesterday. This brought the government’s cumulative deficit to P438.1 billion from January to October, 87 percent […]

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Thailand: Picking cryptocurrency winners

Anyone who follows cryptocurrency has come to expect frequent bouts of volatility in coin prices. Over the past year or two, some coins have gained value and some have dropped. From an investment standpoint, there have been a few successful cryptocurrencies, as bitcoin has demonstrated — even if it too has been subject to wild swings.  […]

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Singapore shopping malls’ gambit paying off

SINGAPORE: Online shopping in Singapore is lacklustre even after Amazon.com Inc debuted its Prime service in mid-2017. The island’s malls are trying hard to keep it that way.  With some of the nation’s biggest mall operators reporting falling rents and rising vacancies, landlords, just like those elsewhere in Asia and the United States, are being forced […]

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Malaysian palm oil price in biggest fall in 21 months as Indonesia axes export levy

JAKARTA:Malaysian palm oil futures suffered their biggest fall in more than 21 months on Monday after Indonesia, the world’s top palm oil producer, announced measures to increase shipments. The sharp drop in palm oil prices in late trading was in direct response to the announcement that Indonesia will help palm oil exporters by reducing its export levy to zero from $50 a tonne previously, traders said. Until now the Indonesian levy had […]

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