JAKARTA : Indonesia’s trade surplus likely shrank to the lowest in five months in December on slower growth in exports and imports, a Reuters survey showed, although Southeast Asia’s biggest economy is on track to post record exports for all of last year. The resource-rich country has been riding an export boom on the back […]
Read MoreKUALA LUMPUR: The ringgit has retreated from its gains over the past few days to open lower against the US dollar on Friday despite the weaker greenback, dragged down by the declining oil price, an analyst said. At 9.03 am, the local currency was trading at 4.1800/1830 against the US dollar compared with 4.1750/1775 at […]
Read MoreJapan wants to maintain Thailand as its key production base, agreeing on Thursday to move ahead with cooperation plans on green industry and advanced technological development. Deputy Prime Minister Supattanapong Punmeechaow and Japanese Minister of Economy, Trade and Industry Koichi Hagiuda witnessed two signings of memoranda of cooperation (MoC) on green industry and advanced technological […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) wants the expanded quota for pork imports extended until the end of this year to prevent a repeat of last year’s spike in meat prices. In an economic bulletin, Finance Undersecretary and chief economist Gil Beltran said President Duterte should enforce Executive Order (EO) 133 for 2022. […]
Read MoreThe World Bank (WB) has forecast that Vietnam’s economic recovery is likely to accelerate in 2022 as GDP growth is expected to rise to 5.5 percent from 2.6 percent in the year just ended. The forecast was made in the WB’s economic update for Vietnam that was released during a press teleconference in Hanoi on […]
Read MoreTHE Malaysian Biodiesel Association (MBA) on Thursday (Jan 13) urged industry officials to come to terms with a steady decline of imports of palm-based biofuels in the European Union (EU), with the country’s exports this year seen at their lowest level in 5 years. The decline in Malaysia’s biofuels shipments are a result of the […]
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