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OITA: The euro area may face a prolonged period of disinflation that risks harming long-term price expectations, a Bank of Japan policymaker said, warning that the region should not take lightly the potential danger of slipping into a Japan-style deflationary period.
KUALA LUMPUR: Asean-6 will be a totally free trade area by Jan 1, 2010 when duties on most of the countries' products are eliminated.
Dr Mohamad Hashim Ahmad Tajudin, group managing director of Chemical Company of Malaysia, speaks of increasing capacity at the fertilisers, chemicals and pharmaceuticals divisions. Steady commodity prices pose a favourable trend, while rising oil prices is an area of concern as there is a concurrent increase in prices of basic raw materials.
GENEVA (Reuters) - The United Nations refugee agency said on Friday that for the first time it had reached the opposition-held Azaz area of northern Syria where it found an estimated 45,000 displaced people living in appalling conditions in makeshift camps.
BANGKOK: Thai energy company PTT is investigating a shutdown at a natural gas field in the Malaysia-Thailand Joint Development Area (JDA) in the Gulf of Thailand, it said.