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HANOI: Vietnam’s coffee exports in the first seven months of the year are expected to register a drop of 9.3% from a year earlier to 953,000 tonnes, and rice exports will likely show a drop of 10.6%, according to government data.
SEOUL: Samsung Electronics Co Ltd has forecast strong demand for memory chips in the second half and a recovery in the mobile market to 2019 levels, in a sign the global economy is getting back on track from the coronavirus pandemic.
WASHINGTON: The International Monetary Fund on Tuesday maintained its 6% global growth forecast for 2021, upgrading its outlook for the United States and other wealthy economies but cutting estimates for developing countries struggling with surging COVID-19 infections
KUALA LUMPUR: Tissue paper maker NTPM Holdings Bhd’s (NTPM) earnings in the near-term is likely to be challenging, weighed down by operational disruptions and additional costs arising from the third phase of the movement control order.
Southeast Asian online realty company PropertyGuru on Friday agreed to go public through a merger with a blank-check firm backed by billionaires Richard Li and Peter Thiel, giving the combined company an equity value of about $1.78 billion.
HANOI: Standard Chartered has lowered its growth forecast for Vietnam for 2021 from 6.7% to 6.5%.
KUALA LUMPUR: Garment maker Magni-Tech Industries Bhd said production halt at its factories in Vietnam due to Covid-19 restrictions is expected to disrupt shipment to clients overseas.
KUALA LUMPUR: Hextar Global Bhd, Kejuruteraan Asastera Bhd, Favelle Favco Bhd, Sapura Energy Bhd, Axis Real Estate Investment Trust, Airasia Group Bhd and Poh Huat Resources Holdings Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
SANTIAGO/BEIJING: Chile state mining company Codelco, the world's largest copper producer, will seek to quadruple sales in Southeast Asia by 2023 and push further into the Indian market in an attempt to reduce a strong reliance on sales to China, the company told Reuters.
KUALA LUMPUR: Poh Huat Resources Holdings Bhd’s main operating subsidiary in Vietnam is temporarily suspending operations in two provinces to comply with government directives to close all non-essential businesses in an effort to contain the spread of the Covid-19 virus.