JAKARTA: Indonesian government officials told palm oil companies yesterday that an export ban announced late last week would cover shipments of refined, bleached, deodorised (RBD) palm olein but not crude palm oil (CPO), two industry sources told Reuters. Officials at the trade ministry and coordinating ministry of economic affairs did not immediately respond to requests […]
Read MoreThailand’s car exports in March dropped by 10.2% year-on-year to 93,840 units due to a shortage of semiconductors and auto parts, which could become even more scarce as a result of the Russia-Ukraine war, says the Federation of Thai Industries (FTI). The shortage has affected exports of many car models to the Australian, European and […]
Read MoreA majority of the panellists at a recent international conference observed that both the Regional Comprehensive Economic Partnership (RCEP) and the Cambodia-China Free Trade Agreement (CCFTA) have the potential to provide economic opportunities for Cambodia. The Asian Vision Institute (AVI), an independent think tank based in Cambodia, held the conference at Hyatt Hotel in Phnom […]
Read MoreMANILA, Philippines — Cargo volume handled by the country’s ports grew in the first quarter, driven by strong domestic trade which offset a slight decline in foreign cargoes. Data provided by the Philippine Ports Authority (PPA) to The STAR showed that cargo throughput reached 58.24 million metric tons (MMT) in the first quarter, up 2.66 […]
Read MoreEarly this month, the State Bank of Vietnam (SBV) announced a new draft decree providing a controlled testing mechanism (sandbox) for fintech activities in the banking industry. This is the second draft that has been built to gather public opinions for this sector. One content which has been drawing big attention is regulatory sandbox for […]
Read MoreTHE rate of the Bangko Sentral ng Pilipinas’ (BSP) 28-day bills declined anew on Friday as demand for the debt paper continued to remain strong. Data released by the central bank showed that the average rate of the securities slipped to 1.9102 percent from 1.9144 percent during the auction last April 18. The BSP lowered […]
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Thailand
