KUALA LUMPUR: The memorandum of understanding (MoU) on China’s import of an additional 1.9 million tonnes of palm oil from Malaysia, which was signed on April 25 this year, was not an extension of the old one inked on Nov 23, 2015. The Ministry of Primary Industries said the MoU signed by the then Minister […]
Read MoreThe Fiscal Policy Office (FPO) has reduced its 2019 economic growth forecast to 3.8% from 4% as slower global economic growth takes a toll on exports. The lower estimate came after merchandise shipments in US dollar terms shrank 1.6% for the first three months, compared with the target of 2% growth, said director-general Lavaron Sangsnit. […]
Read MoreMANILA, Philippines — Southeast Asia’s “everyday app” Grab has updated its ride policy to reduce unreasonable cancellations for both drivers and passengers. To eliminate excessive cancellations that affect the ridesharing experience for both drivers and passengers, Grab said yesterday it has put in place a number of initiatives and policies to discourage cancellations on both […]
Read MoreKAJANG: The year-on-year residential overhang in Malaysia increased to 32,313 units valued at RM19.86bil in 2018, an increase of 30.6% in volume and 27% in value, according to the Valuation and Property Services Department (JPPH). In its Property Market Report 2018, JPPH said high rise units formed the bulk of the overhang units, representing 43.4% […]
Read MoreSOUTH-EAST Asia is the top destination for mergers, acquisitions and investments in the next two years, according to a new poll of business leaders in the Asia-Pacific. A cool 69 per cent of survey respondents said that their companies were likely to hunt for opportunities in Asean – outstripping the 59 per cent preference for […]
Read MoreAbout a third of Thai executives say blockchain will be the most important new technology for their business over the next three years, according to a survey by Accenture. Nontawat Poomchusri, country managing director and financial services lead of Accenture Thailand, said the executives ranked which DARQ (distributed ledger technology, artificial intelligence (AI), extended reality and […]
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