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Federation promotes standards for organic goods in Asean

The private sectors of Asean nations are preparing organic standards to reduce production costs and improve supply chain management. Vitoon Panyakul, chairman of the Asean Organic Federation, said yesterday that the group, representing six major organic-producing countries, will today introduce the organic standards at Biofach Southeast Asia 2019 and Natural Expo Southeast Asia 2019. The […]

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Three Malaysian companies in Forbes Asia’s list

PETALING JAYA: Three Malaysian companies have made it to the 200 top-performing public companies of the 2019 Forbes Asia’s Best Under A Billion list. Elsoft Research Bhd , Pentamaster Corp Bhd  and Vitrox Corp Bhd  have been recognised as among the leading public companies in the Asia-Pacific with an annual revenue of between US$5mil and US$1bil. The three companies beat […]

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Singapore economy unexpectedly shrinks as trade woes worsen

SINGAPORE: Singapore’s economy unexpectedly contracted in the second quarter as exports continued to plunge amid a worsening global economy. Gross domestic product in the trade-reliant city state declined an annualised 3.4% in the quarter compared with the first three months of the year. That compared with growth of 3.8% in the first quarter and 0.5% […]

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Thailand: Private sector sees economic light

Political uncertainties clouding the economy will likely ease to some extent with the new cabinet in place, but the private sector remains concerned about the ability of the 19-party coalition government to deliver policies. Kalin Sarasin, chairman of the Thai Chamber of Commerce, said it’s too early for the private sector to make any comments […]

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