Hengyi Industries Sdn Bhd (Hengyi Industries) signed an Islamic Syndicated Term Financing Agreement totalling USD263 million with Bank Islam Brunei Darussalam (BIBD), Baiduri Bank and Perbadanan Tabung Amanah Islam Brunei (Perbadanan TAIB), marking the start of a new collaboration between Hengyi Industries and the local financial institutions. The signing ceremony was held at The Empire […]
Read MoreJAKARTA: Indonesia’s economy likely accelerated last quarter, buoyed by strong exports and private consumption, but a slowdown in China and the threat of a global recession pose significant risks in coming months, a Reuters poll has found. With rising global commodity prices, the resource-rich country has been enjoying an export boom. Its trade surplus in […]
Read MoreWITH the Covid-19 outbreak now largely under control, the worldwide demand for rubber gloves – an essential item used in many industries during much of the pandemic – is expected to fall as a result. THE Malaysian Rubber Glove Manufacturers Association on Wednesday (Aug 3) lowered its projected global demand for rubber gloves this year […]
Read MoreThe Cambodian government has proposed for the establishment of the Regional Cooperation Economic Partnership (RCEP) secretariat in Phnom Penh. The plan was announced by Prime Minister Hun Sen in his opening remarks at the 55th Asean Ministers’ Meeting at Sokha Hotel, Phnom Penh, yesterday. Cambodia is planning to submit for the hosting of the secretariat, […]
Read MoreThe Ministry of Industry and Trade has affirmed that it can guarantee the supply of petroleum for the domestic market until the end of the year. Petroleum will not be in short supply domestically by the end of the year, the Ministry said, citing a report by the Vietnam Oil and Gas Group (PVN) that […]
Read MoreMANILA, Philippines — The country’s economic recovery remains on track despite an expected slight easing in the second quarter as higher employment and infrastructure spending are likely to provide a boost in the second half, a joint report by First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said. In […]
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Thailand
