malay01
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Coconut and palm oil industries in Malaysia, other Asian countries at loggerheads over environmental impact

KUALA LUMPUR, Aug 28 — A report highlighting the harmful environmental impact of coconut oil production by a researcher with links to the palm oil industry has sparked a heated debate over coveted green credentials in the multibillion dollar industries. The palm oil industry has received international negative attention, including consumer boycotts, in recent years […]

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Philippines: Hot money outflow surges to $7.76 billion

MANILA, Philippines — More foreign funds exited the Philippines for the fifth straight month in July as investors continued to liquidate their holdings due to global uncertainties brought about by the coronavirus pandemic, according to the Bangko Sentral ng Pilipinas (BSP). Foreign portfolio investments or hot money recorded a net outflow of $453.17 million in […]

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Thailand: Trade-in coupons to kick-start car sales

The Industry Ministry will stimulate domestic car sales by working with the Finance Ministry to launch trade-in coupons, worth 100,000 baht each, for individual car owners who can also use their expense to reduce tax. Officials expect the scheme to boost car demand, which has plummeted during the Covid-19 pandemic, while reducing emissions from ageing […]

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