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On a declining trend
JAKARTA: Indonesia has again logged a trade surplus in a trend that began in May last year as commodity prices have picked up while the Covid-19 pandemic has battered demand for imported goods.
Japan Nov factory output seen rising for sixth month
TOKYO: Japan's industrial output likely grew for a sixth straight month in November in a sign of gradual recovery in factory activity, although a recent resurgence in COVID-19 infections clouds the outlook, a Reuters poll showed on Friday.
Palm oil punches through RM3,500 to highest in 8 years
NEW DELHI: Palm oil burst through RM3,500 a tonne to the strongest level in more than eight years on optimism that rising exports from Malaysia will deplete the country’s stockpiles and that stronger prices for rival soybean oil will increase the appeal of palm oil
Palm oil punches through RM3,500 to highest in eight years
NEW DELHI: Palm oil burst through RM3,500 a tonne to the strongest level in more than eight years on optimism that rising exports from Malaysia will deplete the country’s stockpiles and that stronger prices for rival soybean oil will increase the appeal of palm oil.
RM348m revenue from palm oil windfall profit levy this year
KUALA LUMPUR: The government is expected to collect a potential revenue of RM348 million from the palm oil Windfall Profit Levy in 2020 compared to only RM256,000 in 2019 following rising crude palm oil (CPO) prices, the Ministry of Plantation Industries and Commodities said.
September exports better than predicted as Thai recovery accelerates
BANGKOK (The Nation/ANN): Thailand’s exports continued to recover in September, fetching US$19.6 billion for a smaller-than-expected drop of 3.56 per cent from a year earlier, the Commerce Ministry said on Thursday (Oct 22).
Indonesians most optimistic in South-East Asia about economic recovery
JAKARTA, Oct 17 (The Jakarta Post/ANN): A recent survey has found that Indonesians are the most optimistic of their regional peers about the speed of economic recovery from the Covid-19 pandemic.
Firms shipping via Cambodia fined
PHNOM PENH: The United States has fined several companies for exporting goods via a Chinese-owned special economic zone in Cambodia in a bid to dodge President Donald Trump’s tariffs on Chinese imports, a US Embassy official said.
U.S. fines firms transhipping via Cambodia to dodge Trump's China tariffs
PHNOM PENH (Reuters) - The United States has fined several companies for exporting goods via a Chinese-owned special economic zone in Cambodia in a bid to dodge President Donald Trump's tariffs on Chinese imports, a U.S. Embassy official told Reuters on Wednesday.