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Swiss voters on Sunday narrowly backed a free trade deal signed with Indonesia, opening up a vast potential market with the world's fourth most populous country.
Switzerland votes on Sunday on a free trade deal with Indonesia but the agreement, which opens up a vast potential market, could slip up over the issue of palm oil imports.
KUALA LUMPUR: CGS-CIMB Research expects crude palm oil (CPO) price to trade at between RM3,200 and RM3,700 per tonne in March 2021.
PHNOM PENH, Feb 13 (Phnom Penh Post/ANN): Minister of Economy and Finance Aun Pornmoniroth has proposed an adjustment on vehicle import duty, to be effective from March 1, to revive the market and buttress the logistics sector after customs clearance revenue on vehicles fell by 40 per cent in 2020 from a year earlier.
Price of commodity may weaken in the near term
HANOI (Reuters): Vietnam said it planned to impose anti-dumping duties on raw sugar that originates in Thailand, claiming soaring imports are undermining its domestic sugar industry.
HANOI, Feb 9 (Reuters): Vietnam said on Tuesday it plans to impose anti-dumping duties on raw sugar that originates in Thailand, claiming soaring imports are undermining its domestic sugar industry.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see quiet trading next week or retreat on slight profit-taking, with the price to move between RM3,200 and RM3,350 per tonne.
MANILA (Philippine Daily Inquirer/ANN): Amid a protracted pandemic, President Duterte will step in to ensure that national coffers won’t bleed as much next year by transferring more public functions to local government units (LGUs) while they enjoy a bigger share of tax collections starting 2022.