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Laos: Malaysia Ranks 4th Largest FDI in Laos

(KPL) Malaysia has been ranked the 4th largest foreign direct investor in Laos following China, Vietnam and Thailand with many Malaysian investment projects reported in hydropower industry and special economic zones. Malaysia Ambassador to Laos Mohd Aini Atan told Mrs Khemmani Pholsena, Minister of Industry and Commerce on Wednesday that Malaysian investors were keen to continue […]

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Indonesia, Malaysia, Thailand Discuss About Halal Products

TEMPO.CO, Jakarta – The trilateral partnership forum of Indonesia, Malaysia, and Thailand, is currently discussing on strengthening the services of halal products in the ASEAN region and a mutually beneficial economic improvement. Minister of Religious Affairs Lukman Hakim Saifuddin said that the Indonesia-Malaysia-Thailand growth triangle (IMT-GT) forum is a strategic moment to build an alliance between three countries in […]

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Malaysian palm oil prices at highest level for more than a week despite data

KUALA LUMPUR: Malaysian palm oil futures rose to their highest level in over a week on Thursday evening on expectations of soyoil gains, despite the earlier release of bearish industry data. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 1.3 percent to 2,663 ringgit ($620.75) on Thursday evening. It earlier climbed to […]

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Malaysia: June industrial output tad higher than expected

KUALA LUMPUR: Malaysia’s industrial output rose 4% in June, which was above economists’s forecast of a 3% growth, mainly underpinned by the manufacturing sector’s electrical and electronics (E&E) segment. The Statistics Department said on Thursday the increase was supported by positive growth in all sectors, with manufacturing recording a 4.7% growth, mining (2.4%) and electricity […]

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Lazada Malaysia to expand automotive products range

KUALA LUMPUR: Lazada Malaysia aims to expand the range of products under its automotive segment within two years, said chief executive officer Hans-Peter Ressel. He said there are about one million automotive products currently available on its platform, including oil and fluids as well as accessories, adding, demand for these had been increasing. “We are […]

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In surprise, Malaysia’s June export growth slows to 10%

KUALA LUMPUR — Malaysia’s exports in June grew 10% from a year earlier, government data showed on Friday, well below expectations, as shipments of manufactured goods fell.  Export growth missed the 15.8% forecast by a Reuters poll and was sharply down from May’s 32.5% growth. Exports of metal products and tech equipment fell 13.3% and 7.0% respectively in June, data from the International […]

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