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Indonesia to net US$1.6bil from halal labelling rule

JAKARTA: Indonesia is set to make halal labelling mandatory for consumer products and services this year with the government assuming greater control of the certifying process from the Muslim-majority nation’s Islamic cleric council. Issuing halal certificates to consumer goods from shampoos to toothpaste and cosmetics may net the government about 22.5 trillion rupiah (US$1.6bil) in […]

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Malaysian market sees robust inflow

PETALING JAYA: The stronger ringgit is fuelling a surge of inflow into the local bond market, driving yield on the 10-year Malaysian Government Securities (MGS) below 4% for the first time since April last year. Analysts said the rally in the bond market still has room to continue with the strength of the ringgit supporting […]

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Rail to boost Lao, Thai trade nomies

THE frequency of Lao and Thai people visiting each other’s country will increase, and so will the growth of trade and cooperation in product development. Khon Kaen provincial governor Somsak Changtragul said he is sure that this will happen once the Laos-China railway is complete. The railway will play a significant role in linking the […]

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Thai bonds beckon foreign investors

Rise in overseas investments seen if baht maintains upward trend in first half of year The Strengthening of the baht since the beginning of the year would draw foreign investors to the Thai bond market, said Thiti Tantikulanan, head of Kasikornbank’s Captial Markets Business Division, adding that sectors expected to perform were real estate, food […]

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Indonesia: Industries seek government commitment to lower gas prices

An association representing four industries, namely ceramic tile, glass, glove and oleochemical, have demanded that the government fulfill its promise to lower gas prices and help them become more competitive both in the domestic and international markets. “It is regrettable that the regulation has not been implemented. It has caused extended deindustrialization,” said Flat Glass […]

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