KUALA LUMPUR: Malaysian palm oil futures fell nearly 2% on Monday, weighed down by gains in the ringgit and tracking losses in related edible oils. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was down 1.6% at 2,156 ringgit ($516.41) per tonne to mark a third straight session of […]
Read MoreCENTRAL Provident Fund (CPF) contribution hikes for older workers will kick off on Jan 1, 2021, with employers and employees each increasing their contribution by either 0.5, or 1 percentage point, depending on the age bands. Subsequent increases will not exceed 1 percentage point for either the employer or the employee, according to details released […]
Read MoreA visa waiver for Chinese and Indian visitors is necessary for Thailand to boost tourism amid a sluggish global economy and stiff competition, says Chairat Trirattanajarasporn, president of the Tourism Council of Thailand. Mr Chairat said he agreed with the concerns raised by the Foreign Ministry over national security issues from an influx of arrivals […]
Read MoreThe UK will have the opportunity to make a trade deal with Southeast Asian nations, including the world’s top palm oil producers, once it leaves the European Union, and to steer clear of getting entangled in any potential trade war, according to Malaysian Prime Minister Mahathir Mohamad. “The key is to rethink the European Union’s […]
Read MoreThe Hanoitimes – Vietnam’s exports in the January – July period grew 7.3% year-on-year, less than half the growth rate recorded in the same period last year, while FDI commitments as of June 20 totaled US$18.47 billion, down 9.2% year-on-year. Contrary to previous reports that Vietnam would benefits from the escalating US – China trade war, […]
Read MoreCambodia’s 2020 tax revenues are expected to continue to grow, while transparency is also set to improve as tax officials become more aware of anti-corruption laws, according to the director general of the General Department of Taxation (GDT) on Monday. Speaking to tax officials at a workshop in the capital on the Anti-Corruption Law, Kong […]
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