An Energy and Mineral Resources (ESDM) Ministry official said on Tuesday that the recent attack on oil facilities in Saudi Arabia would unlikely affect Indonesian oil supplies because the former’s production remained sufficient to fulfill export commitments to the latter. ESDM acting oil and gas director general Djoko Siswanto said Indonesia imported around 110,000 barrels […]
Read MoreIf the recent spike in global oil prices results in higher petroleum product prices, it will make Myanmar fuel imports more expensive, industry experts said. Global oil prices jumped 20 percent in the wake of the weekend’s attack on a Saudi Arabian oil facility that has removed 5 percent of global supplies, or an estimated 5.7 […]
Read MoreKUALA LUMPUR: The government is still looking at solutions for troubled Malaysia Airlines Bhd, which is majority-owned by Khazanah Nasional Bhd, Prime Minister Tun Dr Mahathir Mohamad said. “It’s not easy… we have done a lot. The previous government gave them RM6bil and sacked 6,000 people, and in addition, reduced the number of flights. “So, […]
Read MoreOnline retailer eBay has launched the “eBay SeaPass” shipping platform to support eBay sellers in Asean by simplifying retail order fulfilment and providing automated shipping. In Thailand, eBay said it would enable the faster handling of paid orders, saving eBay sellers time and money through an easy-to-use system that is available to them at no […]
Read MorePETALING JAYA: Budget 2020 is expected to be a tough one as the government is likely to miss its fiscal target to boost economic growth in light of the slowdown on the global front stemming from the escalating US-China trade war. RHB Research said the government is likely to increase its development spending and no […]
Read MoreAn industry body says Myanmar’s garment sector is on track to meet a target of US$10 billion in exports set under a 10-year plan. The export target and a goal to create one million job opportunities in the sector had been laid out under the Myanmar Garment Industry Strategic Plan 2014-2024 by the Myanmar Garment […]
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Thailand
