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Palm oil prices to fall more due to distress selling by Indonesia

KUALA LUMPUR: Palm oil prices will weaken further in the short term due to softer demand and “distress selling” by top producer Indonesia, commodities consultancy LMC International forecast on Tuesday. Malaysia‘s benchmark crude palm oil prices FCPOc3 rose to record highs earlier this year as Russia’s invasion of Ukraine and a temporary export ban by Indonesia tightened global […]

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Malaysia’s PPI eases to 10.9% in June

KUALA LUMPUR: The country’s producer price index (PPI), which measures the prices of goods at factory gate, eased to 10.9% in June 2022 as compared to 11.2% in the previous month. According to Datuk Mohd Uzir Mahidin, chief statistician at the National Statistics Department, all sectors in the country recorded a double-digit increase except for […]

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Laos Ranks 72 in Global Mobile Data Pricing Survey

Cable.co.uk collected and analyzed data from 5,292 individual broadband packages in 233 countries over a four-month period beginning in March and ending in June this year. The study found that Israel offers the world’s cheapest mobile data, with an average cost of USD 0.04 per one gigabyte (1GB). Saint Helena is the most expensive, with an […]

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