KUALA LUMPUR: Malaysian palm oil futures rose to a more than two-week high on Thursday evening on better demand for the edible oil, moving up for the fourth straight day as they tracked gains in soyoil on the U.S. Chicago Board of Trade. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange was last up 2.5% […]
Read MoreSINGAPORE: Singapore’s non-oil domestic exports (NODX) fell more than expected in April from a year ago, hurt by fewer shipments to most major trading partners and a plunge in pharmaceutical sales, official data showed on Friday. Exports fell 10% in April year-on-year, data from the trade agency Enterprise Singapore showed, slightly better than a revised […]
Read MoreHONG KONG, May 16 (Xinhua) — Those parts relating to Hong Kong and five Association of Southeast Asian Nations (ASEAN) member states, under the Investment Agreement (IA) between Hong Kong and ASEAN, will enter into force on June 17, a spokesman for China’s Hong Kong Special Administrative Region (HKSAR) government said on Thursday. Upon the […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has brought down the level of deposits banks are required to keep with the central bank by 200 basis points (two percentage points) over a three-month period, releasing about P190 billion in additional funds to boost the slowing economy. BSP Governor Benjamin Diokno said the Monetary […]
Read MoreJAKARTA: Indonesia is drafting ambitious plans for more than $400 billion in building projects, from constructing 25 airports to new power plants, as the government seeks to stoke growth in Southeast Asia’s largest economy, according to the country’s planning minister. The sweeping proposal calls for a record 5,957 trillion rupiah ($412 billion) in investments from […]
Read MoreThe government approved $4 billion worth of investment projects during the first four months of the year, the Council for the Development of Cambodia recently revealed. For in depth analysis of Cambodian Business, visit Capital Cambodia From January to April this year, the value of investments approved more than tripled compared to the same period in […]
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Thailand
