Operators of Laos’ Thanaleng Dry Port and Malaysia’ Perlis Inland Port are seeking cost-effective logistics and transport link to boost trade and investment between the countries and beyond. The Managing Director of Laos’ Thanaleng Dry Port, Sakhone Philangam (right), and Group Managing Director and CEO of Mutiara Perlis Sdn Bhd (MPSB Company) Mr Wan Ahmad […]
Read MorePETALING JAYA: Padiberas Nasional Berhad (Bernas) should remove import surcharges on imported rice to temporarily offset its price increase, says Bumiputra Retailers Organisation president Datuk Ameer Ali Mydin. He said that rice is imported to supplement the existing shortage of locally produced rice. “More consumers will have to buy imported rice, which generally costs RM6 […]
Read MoreANN/THE STAR – Malaysia’s export and import unit value indices declined 0.2 per cent in May 2023, with exports falling to 141.7 points against 141.9 points in April while imports fell to 127.9 points from 128.2 points, said the Statistics Department Malaysia (DoSM). In a statement yesterday, DoSM said the fall in the export unit […]
Read MoreKUALA LUMPUR: Malaysia’s Producer Price Index (PPI) contracted at a faster pace of 4.6 per cent year-on-year (y-o-y) in May 2023 compared with the 3.0 per cent drop posted in the preceding month. The Department of Statistics Malaysia (DoSM) said the slide in the PPI for local production was attributed to the decline in several […]
Read MorePETALING JAYA: The local economy received its much needed reprieve when the consumer price index (CPI) showed signs of cooling in May. Headline inflation rose at a slower rate of 2.8% year-on-year or y-o-y (April: 3.3%) and core inflation eased slightly to 3.5% y-o-y (April: 3.6%) last month. While this bolsters hopes that the monetary […]
Read MoreSINGAPORE, June 27 (Reuters) – Malaysia’s state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration head said on Tuesday. About 60-70% of its production is natural gas and will remain so going forward, Adif Zulkifli, executive vice […]
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Thailand
