JAKARTA: Malaysian palm oil scaled a record high on Wednesday, hitting the 10% upper trading limit as top producer Indonesia decided to restrict its exports further. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange gained 10% to close at 7,060 ringgit ($1,686.98) per tonne. The contract triggered a 10-minute […]
Read MoreSMALL and medium-sized enterprises (SMEs) are largely confident of tackling the impending goods and services tax (GST) hike, rising global interest rates, and inflationary pressures – but their top concern for the year ahead is the cost and availability of labour, according to a DBS survey released on Mar 10. That concern was cited by […]
Read MoreLaos is expected to assume management of the Vung Ang seaport in Vietnam’s central Ha Tinh province in July, a Lao investor involved in the project has said. The news comes after the Vietnamese government agreed to increase Laos’ share in the project from 20 percent to 60 percent at Laos’ request, making it the […]
Read MoreTHE younger generation of Cambodia is now starting to have a sense of pride in their national currency, the riel. It is evident through frequent visits from students and youngsters to the Sosoro Museum. Sosoro Museum Co-Director Blaise Kilian told Khmer Times that the museum recently saw young people, including students from schools and colleges, pouring in […]
Read MoreMANILA, Philippines — The manufacturing sector started at a slow pace in January following the surge in new COVID cases due to the Omicron variant. Factory output, as measured by the Volume of Production Index (VoPI), went up by 16.5 percent in January, slower than the 21.3 percent in December, but still better than the […]
Read MoreBangkok Post – Consumer sentiment dropped for the second straight month in February, hitting the lowest level in five months, as consumers fret over the rapid spread of the Omicron variant and the escalating Russia-Ukraine conflict. The University of the Thai Chamber of Commerce (UTCC) reported on Wednesday the consumer confidence index fell to 43.3 […]
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Thailand
