Archived News

The deals, part of a free trade agreement between them, will create diverse opportunities for businesses beyond Singapore's traditional markets in Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.

Palm is the world’s most-productive major vegetable oil crop and yields 6-10 times as much oil per hectare as crops like soy or rapeseed. However, in recent years, there has been growing pressure to reduce the consumption of palm oil due to concerns over deforestation.

Malaysian palm oil futures dropped 0.7% on Monday to post its lowest closing in nearly eight weeks, dragged down by weaker soyoil prices in China.

MIDF Amanah Investment Bank Bhd foresees the producer price deflation widening this year to -1.8%, from -1.1% last year.

India’s bilateral trade talks with the US will continue when commerce and industry minister Piyush Goyal meets US commerce secretary Wilbur Ross on the sidelines of the India Economic Summit later this week. Goyal will also have a call with his American trade counterparts in the next few days.

A brutal Indonesian forest fire season blanketed some of south east Asia in choking smog is renewing scrutiny of the country’s major palm oil and paper companies. Activists are accusing them of breaking promises to halt logging.

Oil prices fell on Monday on fading concerns of supply shortfalls and conflicts in the Middle East after the Sept. 14 attack on Saudi Arabia, but global benchmark Brent posted its biggest quarterly loss this year on demand fears due to the escalating U.S.-China trade war.

The Oil Fuel Fund Administration Office (OFFO) plans to lower the retail price of diesel B10 on Tuesday by two baht per litre to promote biodiesel.

The private sector is obviously playing a more important role in the economy, as well as making a bigger contribution to manufacturing, import-export and investment activities.

Lower tariffs, faster Customs clearance, ease of market entry when deal is in force

Kuala Lumpur Kepong, Genting Plantations and Sarawak Oil Palms are now all rated buy by RHB Investment Bank Bhd after it turns bullish on the plantations sector, upgrading the sector to overweight.

Indonesia’s trade sector has received its Christmas gift early: The European Union has granted Indonesia Rp 232 billion (US$16.37 million) through a program dubbed ARISE+ Indonesia to improve trade conditions and capacity between 2019 and 2023.