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KUCHING: Sarawak is encouraging the development of its durian industry to meet high demand from the overseas market, especially China.
SINGAPORE: Malaysia is unlikely to suffer any loss in its palm oil business from China, despite Beijing pledging to boost soybean purchases from the U.S. amid the trade war, according to the Southeast Asian nation’s trade chief.
KUALA LUMPUR: Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP), a company wholly-owned by the Minister of Finance Inc, has RM20.5bil active guarantee scheme allocation remaining to support the growth of small and medium enterprises (SME) in the country.
SEOUL (AFP): South Korea will send a naval destroyer and 300 troops to the Strait of Hormuz, its defence ministry said Tuesday (Jan 21), after pressure from its ally the US in the face of tensions between Washington and Teheran
BENGALURU: Most Asian currencies slipped on Tuesday, as concerns about a new strain of coronavirus in China took a toll on risk appetite.
BEIJING: The expansion of Chinese imports from the US under the recently signed trade deal won’t affect demand for goods from other nations, a Chinese trade official told reporters on Tuesday.
KUALA LUMPUR: UOB Global Economics and Markets Research is cautiously optimistic about the outlook for Malaysia as some early signs of a turnaround have emerged despite concerns of waning growth momentum and persistent downside risks.
BANGKOK (The Nation/ANN): Exporters are closely watching the US-China trade dispute after the two giants reached a phase 1 agreement, with Thai products having to now compete with US goods for Chinese market share.
HANOI (Vietnam News/ANN): After being relatively stable last year, the foreign exchange rate of the Vietnamese đồng against the US dollar is forecast to be under greater pressure in 2020 due to both internal and external headwinds.