Archived News
16-10-2019
Asian shares cheered by Brexit deal hopes, sterling shines
Asian shares took off on Wednesday and sterling held near six-month highs as Britain and the EU made headway on a Brexit deal ahead of a leaders' summit though it remained unclear if London could avoid postponing its scheduled departure on Oct 31
16-10-2019
Malaysia offers to increase imports from India after Kashmir row
Malaysia is considering raising imports of raw sugar and buffalo meat from India, potentially easing trade tensions after reports New Delhi could restrict Malaysian palm oil imports following the country’s criticism of India’s actions in Kashmir.
16-10-2019
‘Bring it on,’ EU MP says of trade fight over palm biofuel phase-out
The European Parliament will proceed with phasing out palm oil-based biofuel by 2030 despite threats of retaliatory action by Indonesia and Malaysia, the world’s biggest producers of the ubiquitous vegetable oil.
16-10-2019
Malaysia says eyeing more imports from India after threat of palm oil restrictions
Malaysia on Tuesday said it will look to increase imports of crude sugar and buffalo meat from India, after reports that New Delhi is considering restricting imports of palm oil from Malaysia.
16-10-2019
Vegetable oil imports fall 13 per cent in September, Malaysian shipments drop significantly: Solvent Extractors Association
Buyers turn to Indonesia palm oil as alternative
16-10-2019
Indonesia returns to trade deficit in September
Indonesia swung back to a trade deficit in September as the pace of the decline in imports was slower than expected, data from the statistics bureau showed on Tuesday.
16-10-2019
The Dangerous Thinking That Threatens EU-ASEAN Trade Deal – OpEd
Dangerous scientific thinking may endanger a European Union deal with its third-largest trading partner – the Association of South East Asian Nations (ASEAN).
16-10-2019
Importers shun Malaysian palm oil
There is not going to be any immediate impact on edible oil supplies even as the importers temporarily suspend buying Malaysian palm oil amid growing uncertainty on possible action by India on trade with Malaysia, experts noted
16-10-2019
Malaysia extends 'sweet offer' to India to address trade imbalance
Primary Industries Minister Teresa Kok urges more businesses in Malaysia to take advantage of the MICECA to buy more raw sugar and beef from India, with a view to address the trade imbalance.
16-10-2019
EU open to resuming free trade talks with Thailand
The European Union aims to resume negotiations with Thailand on a free trade agreement (FTA), the Council of the European Union said in a statement, after earlier suspending trade talks following a 2014 military coup.
15-10-2019
The U.S.-China Trade Cease-Fire Isn’t a Done Deal
President Donald Trump’s deals tend to be larger in the telling than the reality. The trade truce he has claimed to have struck with China is yet another instance.
15-10-2019
RCEP nations target final 10-day window to close talks by October 22
Countries negotiating the proposed Regional Comprehensive Economic Partnership (RCEP) have now decided on a final 10-day window to bilaterally sort out pending differences in the mega trade deal, after which the leaders of the 16 nations will step in.