KUALA LUMPUR: Malaysian palm oil futures rose on Friday, charting its first gain in four sessions, tracking strength in rival oilseed soy. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange rose 0.5 percent at 2,457 ringgit ($576.29) a tonne at the close of trade, its strongest daily gain in a week. Palm however was […]
Read MoreTHE EXPORT-IMPORT Bank of Thailand plans to open two more representative offices in Laos and Cambodia at the end of this year and early next year to double loans for Thai investors expanding into Indochina. Vietnam is the next step, president Pisit Serewiwattana said after the opening of Exim Bank’s first rep office in Yangon […]
Read MoreHANOI, June 8 – Indonesian coffee discounts tightened in robust trade this week, while the Vietnam beans market was quiet due to thin supply and weak demand, traders said on Thursday. Indonesia’s robusta grade 4, 80 defects were traded at a $30 discount per tonne to the July contract, traders in Lampung said, compared with […]
Read MoreThailand’s new economic model of an “aerotropolis” — a community where the layout, infrastructure and economy is centred around an airport — is expected to help attract up to 200 billion baht in new investment to the Eastern Economic Corridor (EEC), says the Industrial Estate Authority of Thailand. IEAT governor Veerapong Chaiperm said the model […]
Read MoreKUALA LUMPUR: Malaysia’s April 2017 manufacturing sales posted a strong growth of 15.6%, rising to RM60.5 billion compared with RM52.3 billion a year ago. In a statement on Friday, the statistics department said the significant increase in sales value year-on-year in April 2017 was due to the increase in electrical and electronics products (17.3%), petroleum, […]
Read MoreBusiness loans given to private companies have not increased this year since the government limited finance granted to developers for carrying out infrastructure projects. Bankers who asked not to be named told Vientiane Times on Tuesday that construction businesses have slowed down in recent months. Construction projects including roads have halted because companies are facing […]
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