KUALA LUMPUR: CIMB Equities Research is retaining its Neutral outlook on beverages while its top picks are Berjaya Food and Power Root. It said on Monday the implementation of levy on sugary ready-to-drink beverages in Malaysia will be delayed by three months to July 1, 2019 from April 1 previously. “Milk-based drinks with sugar content of less […]
Read MoreProperty developer Asset Wise Co will focus on developing condos priced lower than 2 million baht a unit as the new loan-to-value (LTV) limits weaken the purchasing power of some buyers. Chief executive Kromchet Vipanpong said some condo buyers will be required by the new lending curbs to make a higher down payment, making them […]
Read MoreMANILA, Philippines — The Bureau of Customs (BOC) has issued the interim guidelines for the return of empty containers at the port of Manila (POM) and the Manila International Container Port (MICP) to prevent congestion in the harbors. Customs Commissioner Rey Leonardo Guerrero signed last Feb. 28 Customs Memorandum Order (CMO) 13-2019, which contains guidelines to address […]
Read MoreDanone SA, one of the world’s biggest food and drink companies, is expanding into Thailand’s 200-billion-baht beverage industry to capitalise on the growing trend towards healthier products. Floris Wesseling, regional vice-president for Danone Waters in Asia-Pacific and the Middle East, said during a visit to Thailand yesterday that the French company is paying more attention to expanding […]
Read MoreJOHOR, Malaysia/JAKARTA: On the southernmost edge of the Asian landmass and on the shores of the busy shipping lanes of the Singapore Strait, Malaysia’s Petronas is starting up a state-of-the art petroleum processing hub, called RAPID. The huge complex in Malaysia’s Johor province is currently testing its systems, running crude oil through its fuel processing […]
Read MoreFor 29-year-old Aprilia Ayu Ramadhani, or Lia, jewelry is not merely a collection of accessories, but a lifesaver. When her car broke down recently, requiring millions of rupiah for the repair, she went to a gold store to trade in her jewelry in return for the cash she badly needed. “It may not always be […]
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Thailand
