KUALA LUMPUR: The export value of palm oil and palm oil-based products is targeted to increase to RM75bil this year from RM73.3bil in 2020 due to high demand, as economies around the world gradually recover. Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali said the implementation of the country’s economic recovery initiatives, […]
Read MoreBank shares, which saw prices increasing sharply in the last year thanks to banks’ good business performance and prospects, have become the “pillar” of the stock market. JP Morgan recently noted that Vietnam’s bank shares are the most attractive in ASEAN. The Sai Gon – Hanoi Joint Stock Bank (SHB)’s 2020 financial report showed that […]
Read MoreAlthough vaccines have begun to be administered in the Kingdom, a resurgence in cases and talk of new virus variants continues to fuel economic uncertainty. Tourist numbers dropped by over 70 percent between January and September of 2020 year-on-year. The disruption of the global supply chain resulted in a chokehold on the Kingdom’s exports and […]
Read MoreMANILA, Philippines — A bad jobs report on Tuesday solidified the government’s stance against a return to broad lockdowns even as coronavirus infections are staging a deadly comeback. “We cannot afford to go back to the hard lockdown situation and lose our jobs again,” Labor Secretary Silvestre Bello III said Tuesday in a statement. […]
Read MoreSingapore-based oil and gas firm KrisEnergy Ltd began extracting crude oil from four additional wells late last month, according to Cheap Sour, a senior official at the Ministry of Mines and Energy. This comes after the December 28 maiden oil extraction from the A-01D well – part of the five-well mini-platform featured in KrisEnergy’s “Mini-Phase […]
Read MoreThailand ranked 3rd in ASEAN, 9th among 40 Asia-pacific countries and 42nd in the World on the most recent on Economic Freedom index. Singapore tops the list for the second consecutive year, followed by New Zealand and Australia. The report, by American conservative think tank, The Heritage Foundation, stated that the Thai economy registered its […]
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