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Malaysia: Ringgit ekes out slight gains against US$

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar on Monday on improved oil prices, recovering some demand for the local note, dealers said.  At 9am, the ringgit rose to 4.1850/1900 against the greenback compared with 4.1870/1900 at last Friday’s close. Benchmark Brent crude was trading 0.56 per cent better at US$67.85 per […]

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If Trump kills off Huawei, do Asia’s 5G dreams die?

WHEN it comes to the roll-out of next-generation 5G cellular technology, few regions in the world could be as excited as Southeast Asia, a region famed for intensive smartphone use. But this week’s dramatic escalation in the United States’ crackdown on Chinese telecoms giant Huawei has been a cold shower for those anticipating the mass-market […]

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Indonesia: RI eyes Japanese technology that converts palm oil waste into valuable products

Coordinating Economic Minister Darmin Nasution has welcomed the adoption of Japanese technology that can convert liquid palm oil waste, known as palm oil mill effluent (POME), into valuable products such docosahexaenoic acid (DHA), an omega-3 fatty acid, and animal feed. The Novel Algae-DHA Technology was developed by Japan’s Mobiol Corporation and Tsukuba University. Darmin said […]

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Thai officials: US won’t tariff auto exports

Shipments of Thailand’s automobiles and auto parts are unlikely to face penalty tariffs by the US because the export values are deemed insignificant.  Auramon Supthaweethum, director-general of the Trade Negotiations Department, said Thailand’s auto exports made up just a 0.1% market share, or US$231 million (7.36 billion baht), out of total US imports worth $208 billion […]

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