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A Brunei senior minister emphasised the need to strengthen intra-Asean trade and investment in the post Covid19 world as well as emphasising the Asean centrality in navigating the uncertainty and rapidly evolving economic landscape.
Long lines of trucks trying to unload palm fruit formed outside Indonesian processing mills this week, illustrating the growing cost of a palm oil export ban by the world's biggest producer.
Buy allows diversification into specialty chemicals
Industry is moving towards a niche market
PETALING JAYA: The increase in palm oil stockpile should not be a concern as exports are expected to improve, says Datuk Zuraida Kamaruddin.
KUALA LUMPUR: Ministry of Plantation Industries and Commodities (MPIC) is in the midst of discussions with the Ministry of Finance (MoF) to look into the viability of slashing Malaysia’s palm oil export tax to 4-6 per cent from the current 8 per cent.
HARARE, May 17 (Xinhua) -- The Reserve Bank of Zimbabwe (RBZ) on Tuesday lifted the suspension on lending which was announced by President Emmerson Mnangagwa at the beginning of May but said companies being investigated for alleged financial misdemeanors would still not be allowed to borrow.
PETALING JAYA: Local traders are expecting a price hike and supply shock as global wheat prices soar to record highs as a result of a double whammy – the Russian-Ukraine war and India’s ban on exports.
The last couple of weeks have been difficult for Sumochtar, a 51-year-old oil palm farmer living in the Nagan Raya regency of Indonesia’s Aceh province. His daily income has slumped so drastically that he could not even afford rice for feeding his wife and three kids.
JAKARTA (The Jakarta Post/Asia News Network): Finance Minister Sri Mulyani Indrawati is ready to increase budget spending to protect consumers – and Indonesia's economic recovery – amid surging inflation.