RETRENCHMENTS rose in the first quarter of the year, driven by manufacturing losses and hitting mainly production and related workers from electronics, said the Ministry of Manpower (MOM) on Thursday. The number of retrenched employees stood at 3,230, up from 2,510 in the previous quarter and also higher than a year ago, the MOM said […]
Read MoreSALES of vehicles in Brunei Darussalam over the past four months (January to April) this year have risen compared to the same period in 2018. Automobile sales jumped 5.4 per cent to 3,764 units from 3,571 units, according to data from the ASEAN Automotive Federation. The month of January recorded the highest number of car […]
Read MoreThe government will allow trees grown in plantations owned by the private sector and state-owned companies to be harvested for their timber and exported. Myanmar Timber Enterprisegeneral manager U NyiNyi Tun confirmed to reporters on June 11 in Nay Pyi Taw that the government has decided to ease restrictions on exports for these timber sources […]
Read MoreKUALA LUMPUR: Approved foreign direct investment (FDI) in the first quarter of 2019 surged by 73.4% to RM29.30bil from RM16.90bil a year ago, Finance Minister Lim Guan Eng said. He said on Thursday the increase was underpinned by a 127% manufacturing investment, which surged to RM20.2bil, compared with RM8.9bil a year ago. “Out of the […]
Read MoreKUALA LUMPUR: The crude palm oil (CPO) price is likely to trend higher in the second half of 2019 (2H19) as the weak price for the first quarter was dragged down by the huge brought forward stockpile, says Maybank Investment Bank. The investment bank which set a neutral call on the plantation sector said companies […]
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Thailand
