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PETALING JAYA: The gradual removal of the import duty on cars from Japan and Australia will encourage new original equipment manufacturers (OEMs) to invest in the country, said industry experts and observers.
KUALA LUMPUR: Stronger ringgit and steep rise in India’s import duty on crude palm oil (CPO) have dampened the exports of Malaysian palm oil products for the Nov 1-20, 2017 period by 6.25%.
KUALA LUMPUR: The stronger ringgit and a steep rise in India’s import duty on crude palm oil (CPO) have dampened the exports of Malaysian palm oil products between Nov 1 and Nov 20, 2017 by 6.25%.
KUALA LUMPUR: Master Builders Association Malaysia (MBAM) has called for the reduction of import duty for heavy machinery used in the construction industry to allow suppliers to be more competitive.
MUMBAI: India has been considering raising import duty on natural rubber and the notification regarding the hike would be issued soon, Trade Minister Anand Sharma said on Thursday.
JAKARTA:Indonesia's hike in import duty for consumer goods will bring in an additional 800 billion rupiah (US$59.42 million) in the second half of 2015, but this is only a small part of the full-year revenue target, a finance ministry official said on Monday.
BERLIN: US President Donald Trump’s executive orders on trade deficits and import duty evasion are a sign that Washington plans to move away from free trade and international agreements, German Economy Minister Brigitte Zypries said on Saturday.
MUMBAI/NEW DELHI: India, the world's biggest buyer of vegetable oils, is considering raising import taxes on crude and refined edible oils to protect local farmers, two government officials told Reuters