S'wak to boost local durian industry with opening of first processing centre

KUCHING: Sarawak is encouraging the development of its durian industry to meet high demand from the overseas market, especially China.

Thailand’s delayed US$105b budget faces further hold up

China will keep buying Malaysia's palm oil, Leiking says

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.

Active guarantee scheme still available

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 to send vessel to Strait of Hormuz after US pressure

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

Asian currencies fall on fears about China virus

BENGALURU: Most Asian currencies slipped on Tuesday, as concerns about a new strain of coronavirus in China took a toll on risk appetite.

Buying more from US won’t hurt other nations, China says

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.

UOB Malaysia Research's 10 signs of turnaround in economy

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.

Thai exporters keep close eye on US-China trade deal

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.

Vietnamese currency under bigger pressure in 2020

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.