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Philippines tackles palm oil dumping with ASEAN neighbors

MANILA, Philippines — The Philippines is set to resolve the dumping of palm oil exports of neighboring ASEAN countries that had caused the slump of prices in the local coconut industry. Agriculture Secretary Emmanuel Piñol said Indonesia and Malaysia both agreed to form a tripartite technical working group to address the dumping of palm oil into the country. “Importation data gathered by […]

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Thailand: KBank raises concerns over investment risk

Kasikornbank (KBank) will trim its 2019 economic growth forecast because of a global economic slowdown and the possibility of lukewarm private investment if there is a lengthy process forming a new government.  “We will cut our economic growth forecast soon, as many risks are present and this could dent growth,” said Kobsidthi Silpachai, head of capital […]

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Malaysia – MIDF: Inflation likely to remain low

PETALING JAYA: Malaysia’s inflation rate is expected to remain low in the first half of this year thanks to the continuous decline in producer prices, according to MIDF Research. A low inflation rate would be a boon for savers as they would have more spending power and opportunities to earn an inflation-beating return on their […]

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Thailand: FTI wants election results

The Federation of Thai Industries (FTI) is urging government agencies to announce election results soon in order to expedite the creation of a new government and ward off investor fears of post-election instability.  “As the private sector, we expect to see new developments to form a coalition government very soon because any longer would lead to […]

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Brunei: Export promotions take businesses on correct journey

DIRECTOR of Malaysia External Trade Development Corporation (MATRADE) Sabah Noor Azian binti Romlan addressed the need for export promotion through avenues such as local and overseas events, trade fairs, trade and investment missions as well as market visits. Delivering her keynote presentation on ‘The Basics: Building an Export-Oriented Business’, she highlighted what companies need to […]

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