KUALA LUMPUR: The ringgit rebounded to open higher versus the US dollar today, as the greenback retreated amid risk-on mode in the equity market, an analyst said. At 9.05 am, the local currency was trading at 4.1855/1880 against the US dollar compared with 4.1925/1950 at Wednesday’s close. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam […]
Read MoreVietnam is currently the world’s second largest rice exporter, shipping more than six million tons/year. Hanh Phuc Rice Mill with a capacity of 1,000 tons of rice/day was inaugurated in the Mekong Delta province of An Giang, Vietnam with the attendance of President Nguyen Xuan Phuc, becoming the largest facility of its kind in Asia. […]
Read MoreThai property developers expect to hike their prices by three-to-five per cent this year due to rising construction costs and a restoration of balance in the property market. Richy Place CEO Apa Ataboonwongse on January 14 said now that some of the properties in stock since 2020 have moved, developers will need to adjust their […]
Read MoreVietnam remains an attractive market in the eyes of investors with clear advantages such as a quality workforce and a large domestic market of high potential. Vietnam remains the top favorite of Japanese business people among ASEAN countries, where 55.3% of them look to expand their operations in the next one to two years, up […]
Read MoreThe Federation of Thai Industries (FTI) is worried global oil prices may soar to US$100 a barrel, threatening to worsen the inflation rate and economic recovery, now struggling against the impact of Covid-19 in Thailand. The country is facing higher food prices, notably for pork, resulting from the supply shock. “The global crude oil prices […]
Read MoreMANILA, Philippines — Fisherfolk group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (PAMALAKAYA) is opposing the Department of Agriculture (DA)’s approval of the importation of 60,000 metric tons (MT) of small pelagic fish, saying such a move will hurt local fishers. In a statement, the group said more fish imports would pull down the farmgate […]
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