Malaysia: Slippery slope for oil Tuesday, 2 August 2016 – The continued oil supply glut in the market could mean a sustained low oil price environment, especially in the short to medium term. The oil supply glut does not seem to be abating, with oil majors preferring to pump and store oil at the moment […]
Read MoreBrunei: Challenges ahead as Brunei strives for economic diversification MONDAY, AUGUST 8, 2016 – DESPITE a recovery in GDP (gross domestic product) at the end of the first quarter this year, Brunei?s road to economic diversification remains a challenging one as some critical areas face a downturn along the way. At the end of the […]
Read MoreMalaysia: Malaysia receives nearly RM72b in investments in January-July Monday, 1 August 2016 – Malaysia has received RM71.8bil in investments in the January-July 2016 period in the manufacturing and services sectors. Malaysian Investment Development Authority (Mida) chief executive officer Datuk Azman Mahmod said the investments involved new and expension projects. “They are from 262 projects […]
Read MoreMalaysia: Malaysia, Indonesia aim to double trade value Tue, August 2, 2016 – Malaysian Prime Minister Najib Bin Haji Tun Abdul Razak has said he wants to double trade with Indonesia to US$30 billion in the coming years. Last year, trade between the two countries was valued at $16.6 billion. As of April this year, […]
Read MoreVietnam: Growth of mining industry drops Monday, 8 August 2016 – The local mining industry saw a decline in production growth in the first seven months of this year, which is likely to extend to the end of the year, said the General Statistics Office (GSO). Ph?m ?ình Thúy of the GSO’s Industrial Statistics Department […]
Read MoreMalaysia: Govt aims to position M’sia as sales and marketing hub for M & E Monday, 1 August 2016 – The Government aims to turn Malaysia into a sales and marketing hub for machinery and equipment (M & E), as well as a technology refurbishment centre for machine tools and packaging machineries, said Malaysian Investment […]
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