MUMBAI: Malaysian palm oil futures rebounded on Monday from their lowest in seven months, following gains in rival soyoil, but an expected rise in output and weak exports capped the upside. The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange closed up 0.31%, or 6 ringgit, at 1,957 ringgit ($473.6) per tonne, after […]
Read MoreIndonesia’s gross domestic product (GDP) grew 5.1 percent in the first quarter, consistently within a narrow range of 4.9-5.3 percent for the last 14 quarters, according to the World Bank’s June 2019 Indonesia Economic Quarterly released on Monday. “Despite capital outflows from emerging markets in 2018 that were larger than during the ‘taper tantrum’ in 2013, Indonesia’s […]
Read MoreAn inter-ministerial meeting on Monday addressed issues surrounding tourist boats, highlighting problems such as owners failing to pay taxes, failing to carry correct documents and overloading their vessels. The meeting, chaired by the Ministry of Tourism and presided over by the ministry’s secretary of state Chea Bora, called on the government to establish an inter-ministerial […]
Read MoreNewly launched condo supply in the second quarter continued to rise in Bangkok, with most launches in June after the political situation became clearer, says property consultant Colliers International Thailand. Despite many negative factors, developers still launched new condo supply in Bangkok in the second quarter, said Phattarachai Taweewong, Colliers’ associate director. “Developers need to […]
Read MoreMANILA, Philippines — Foreign direct investment (FDI) inflows into the country can increase three-fold by amending three key investment laws that would ease restrictions on capital from overseas, the National Economic and Development Authority (NEDA) said yesterday. During the Pre-State of the Nation Address (SONA) economic and infrastructure forum yesterday, Socioeconomic Planning Secretary and NEDA […]
Read MoreSATUN (Reuters) – The son of a Thai fisherman, Anurak Saruethai never really took to life at sea. But seafood has been good to him. Hawking dried shrimp, squid and fish in nightly Facebook livestreams, Anurak, who is quick with a joke and adept at interacting with customers, can draw up to 300,000 viewers at […]
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