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Palm oil row fuels Swiss vote on Indonesia trade deal
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.
Indonesia plans to regulate e-commerce to stop predatory pricing
Indonesia will issue a regulation to prevent predatory pricing on e-commerce platforms, including for Chinese goods, a minister said announced, as President Joko Widodo urged consumers in South-East Asia's biggest market to shun imported products.
Bank Negara forex reserves higher at US$109bil
KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves increased by US$400mil to US$109bil as at Feb 26,2021 compared to US$108.6bil as at Jan 29.
Syrians struggle with food, fuel shortages after decade of war - Red Cross
GENEVA (Reuters) - A decade after Syria's conflict began, families struggle more than ever to buy food while ambulances lack fuel to bring wounded and COVID-19 patients to hospital, Red Cross and Red Crescent officials said on Thursday.
Betting on pandemic boom to propel listing
HONG KONG: Top Glove Corp Bhd is betting that pandemic-induced sales can provide enough fuel for its US$1.9bil Hong Kong listing to break through the headwind of US sanctions and the prospect of slower growth as vaccinations become widespread.
Record US crude stockpile as refining plummets
NEW YORK: US crude oil stockpiles surged by a record of more than 21 million barrels last week as refining plunged to an all-time low due to the Texas freeze that knocked out power for millions.
Moody’s bullish on Philippines and Asean nations
MANILA (Philippine Daily Inquirer/ANN): The Philippines and other Association of Southeast Asian (Asean) countries stand to gain from an anticipated tech exports boom amid the “new normal” of social distancing and working online, Moody’s Analytics said on Wednesday (March 3).
CPO futures close higher, boost from soybean
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today on the back of stronger overnight soybean oil price on the Chicago Board of Trade.
Recycling old smartphones is not only good for the environment – it is a potentially lucrative business for e-waste companies in China
China was once a dumping ground for the world’s discarded electronics, with thousands of workshops disassembling old computers to extract materials to recycle. The value of metals discarded as electronic waste in China is forecast to be worth US$23.8bil by 2030.
Top Glove bets on pandemic boom to propel ambitious US$1.9bil HK listing
HONG KONG/SINGAPORE/KUALA LUMPUR: Malaysia's Top Glove Corp Bhd is betting that pandemic-induced sales can provide enough fuel for its $1.9 billion Hong Kong listing to break through the headwind of U.S. sanctions and the prospect of slower growth as vaccinations become widespread.