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ASEAN Halal industries urged to step up their game

The 16th ASEAN Working Group on Halal Food Meeting was held through a virtual video conference at the Syariah Affairs Department in the capital on Tuesday. Acting Director of Syariah Affairs Haji Abdul Rahman bin Matzin, who chaired the meeting, emphasised the importance for the Halal industry in ASEAN to speed up the global adoption […]

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Asian equities ready for return of foreign funds

Asian equities could benefit from a return of foreign fund inflows, but the stock market remains volatile depending on the economic recovery and the pandemic situation, says Principal Asset Management. Chief investment officer Win Promphaet said foreign capital inflows will return through exchange-traded funds (ETFs) investing in Chinese and other Asian equities. Foreign inflows were […]

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South East Asian countries seen importing more coal

MANILA, Philippines — Despite the push in renewable energy development, Southeast Asian countries are expected to continue increasing their coal imports amid coal power plant investments in the region. In last week’s Philippines Commodity Market Insights forum, S&P Global Platts said the burgeoning coal demand in the Southeast Asian region has captured investors’ attention with […]

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Moody’s: Policies not enough to offset recession risks

MANILA, Philippines  — The policy measures taken by members of the Association of Southeast Asian Nations (ASEAN), including the Philippines, to cushion the impact of the coronavirus disease 2019 or COVID-19 are not enough to offset the rising recessionary or credit risks, according to Moody’s Investors Service. In a report, Deborah Tan, assistant vice president […]

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