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 […]
Read MoreSINGAPORE’S services sector showed signs of improvement in the second quarter, while manufacturing continues to be the star performer, although growth came at a slower pace, according to the latest data released by the Ministry of Trade and Industry on Friday morning. The services sector expanded by 2.4 per cent in the second quarter compared […]
Read MoreMANILA, Philippines – The country’s gross domestic product (GDP) growth likely slowed to below six percent in the second quarter, according to Credit Suisse. In a research note titled “Philippines macro wrap: 2Q GDP likely to disappoint,” Credit Suisse economist Michael Wan said the Philippine economy likely grew 5.8 percent in the second quarter from 6.4 percent in […]
Read MoreThe International Financial Corporation (IFC) has handed over the secretariat of the Myanmar Business Forum (MBF) to the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), according to a press release from the IFC released on July 27. The UMFCCI will continue to take forward the mission of facilitating public-private dialogue. The MBF […]
Read MoreSINGAPORE retail sales rose 1.9 per cent in June, compared to a year ago, the Department of Statistics said on Friday. Excluding motor vehicles, retail sales increased 4 per cent. The total retail sales value in June 2017 was estimated at S$3.7 billion, higher than the S$3.6 billion generated in June 2016. Retail sales of […]
Read MoreHANOI — Prime Minister Nguyen Xuan Phuc has asked the Ministry of Industry and Trade to co-operate with relevant agencies in the resolution of issues related to the logistics sector. According to Decision No 200/QĐ-TTg, which was promulgated in February, the competitiveness of Vietnam’s logistics services is to be boosted by 2025, ensuring that logistics […]
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Thailand
