MANILA, Philippines — The Philippines is expected to see improvements in the outbound shipment of nickel ore next year as the country benefits from the Indonesian ban on the export of the mineral. The Philippine Nickel Industry Association (PNIA) said nickel direct shipping ore for 2020 will likely exceed the 39 wet metric tons (WMT) […]
Read MoreBlackmores, the distributor and marketer of branded vitamin and nutritional supplements, expects sales this year to grow by a single-digit rate for the first time in several years. Pussadee Suchitchon, the company’s country manager, said that in the best case, sales of Blackmores at drug, health and beauty stores in Thailand are likely to grow […]
Read MoreJapanese firm Nippon Koei has announced its intention to invest in Cambodia’s silk industry. The plan was unveiled during a meeting last week between Cambodia’s Agriculture Minister Veng Sakhon and Tamura Tsutomu, general manager of Nippon Koei. Mr Tsutomu said his company is interested in investing in silk production in the Kingdom having learned that […]
Read MoreThe Hanoitimes – The proposed tariff cut is aimed to balance bilateral trade relations. The US has requested Vietnam to cut its import tariffs on a number of agricultural products in 2020 and afterwards, according to Vietnam’s Ministry of Finance (MoF). The items subject to tariff reduction include chicken and processed chicken meat, almond, grape, wheat, […]
Read MorePETALING JAYA: 7-ELEVEN MALAYSIA HOLDINGS BHD is looking to get a foothold in the thriving Malaysian pharmaceutical industry following its proposed acquisition of Caring Pharmacy Group Bhd recently. Analysts are positive on the proposed acquisition and see earnings accretion for 7-Eleven from the deal. As the acquisition price is also done at 27 times price earnings (PE) multiples, which […]
Read MoreMANILA, Philippines — Total exports of the country would likely grow by two to four percent this year, with the increase to be driven mostly by the services sector, the Department of Trade and Industry (DTI) said over the weekend. For next year, the DTI expects total exports to rise by four to six percent […]
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Thailand
