The exit of the energy giants TotalEnergies and Chevron from Myanmar’s billion-dollar gas industry has been hailed by rights groups, but analysts say it will not significantly weaken the generals and may even enrich the military in the short term. Both firms had faced pressure to cut financial links with the junta that toppled Aung […]
Read MoreKUALA LUMPUR: The ringgit opened flat against the US dollar today as investors opted for a wait-and-see attitude on the latest economic assessment by the US Federal Open Market Committee (FOMC) meeting, an analyst said. At 9 am, the local note stood at 4.1840/1875 versus the greenback from 4.1840/1870 at Friday’s close. Bank Islam Malaysia […]
Read MoreSome of the most radical practitioners of monetary easing are falling into line. The first two years of the pandemic were defined by ultra-low interest rates and a rare degree of experimentation to boost growth and steady markets. This wasn’t just a feature of advanced economies: Emerging markets also jumped into the fray. Few were […]
Read MoreThe government of Laos has banned the import of certain types of farm produce, livestock, and fish, hoping to spur domestic production. In an urgent attempt to promote domestic production and boost the economy, Laos has banned the import of certain types of agricultural produce, including livestock and fish, Vientiane Times reports. Crops that may no longer […]
Read MoreDuring the pandemic the past couple of years, retailers, brands and manufacturers have adapted to changing consumer behaviour. While many hope 2022 will mark a return to normal for the retail segment, the emergence of Omicron has rocked market sentiment. Over the last two years Thailand’s retail market has adopted new trends such using more […]
Read MoreEuropeans love their morning coffee – and Vietnam could continue to profit from this habit if domestic exporters make good use of the trade agreement with the EU. However, the competition remains active too, increasing the pressure from markets like Brazil and Southeast Asia, in addition to the seemingly ever-lasting challenges in freight costs. Global […]
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