KUALA LUMPUR: The overall outlook for 2018 seems positive with the market expecting Malaysia’s gross domestic product (GDP) growth to moderate at around five to 5.5% following a stellar economic recovery last year, said Second Finance Minister Datuk Seri Johari Abdul Ghani. He said Malaysia’s eonomic conditions should remain conducive to support a more robust macroeconomic […]
Read MoreThailand and India may have to give freer rein to the baht and rupee this year to avoid triggering US accusations that they’re manipulating their currencies to support exports. The Reserve Bank of India (RBI) has already exceeded a key threshold on how much it can intervene to curb the rupee’s gains that the US […]
Read MoreTEMPO.CO, Jakarta – Data from the Trade Ministry show that commodity prices soared on January 2-3. The commodities are rice, wheat, soybean, meat, eggs, onion, instant noodles and beans. Director General of Trade for the Trade Ministry Tjahya Widayanti said that the price increase was caused by bad weather that has occurred since the end of last year. Bank […]
Read MoreSugar prices had all but collapsed after a 2017 ban on re-exporting to China left local traders in the lurch. However, prices have since stabilised as the glut lessened. More importantly, a larger number of domestic businesses have started producing sugar for local consumption. “Although sugar traders suffered huge losses due to the temporary ban […]
Read MoreThe Department of Trade and Industry (DTI) is expected to order retailers today not to raise the prices of sugar-sweetened beverages until January 15 as old stocks should not be affected by the implementation of the Tax Reform for Acceleration and Inclusion Act (Train). Trade Secretary Ramon Lopez told reporters that softdrink companies are confirming […]
Read MoreVietnam and Laos are two neighboring countries that boast a long-standing traditional friendship. Over recent years, hundreds of Vietnamese companies have made investment in Laos, generating more jobs, raising income for local people and changing the face of remote and difficulty-stricken areas. 12 years ago, Bachiang was one of the most poverty-ridden districts of Champasak […]
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Thailand
