Archived News

After the retreat, Thai Prime Minister Prayut Chan-o-cha taking over ASEAN alternate chairmanship held a press conference which highlighted the outcomes of the 34th ASEAN Summit, statements, future tasks, challenges and bilateral agreements between countries.

he United States hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan on Saturday but Washington will not accept any conditions on tariffs, a senior administration official said on Tuesday.

Palm oil is biased to break a support at 1,971 ringgit per tonne, and fall towards 1,929 ringgit.

It is unlikely that Malaysia’s healthy current account surplus position will be threatened in the near future, says Affin Hwang Capital Research head of research and chief economist Alan Tan.

In 2017, China bought 56.9 percent of US soybean exports, almost eight times more than Mexico (7.4 percent), which was followed by Japan (4.5 percent), Indonesia (4.3 percent) and the Netherlands (3.6 percent). US Commerce Department data show soybeans have been one of the top US exports to China in recent years, just behind civilian aircraft and cars.

Singapore's economy is expected to grow at its slowest pace in a decade this year, and some experts are predicting a recession in 2020, as the U.S.-China trade war looks set to hit the export-reliant city-state harder than others in Southeast Asia.

The government of Malaysia has decided to keep its export duty on crude palm oil unchanged at 0% for another month, until the end of July 2019.

The palm oil industry in Malaysia is a very important sector as it plays a strong part in the economy.

As the ASEAN chair this year, Thailand hopes to promote the construction and development of the ASEAN community and to seek the sustainable development of relations with major dialogue partners outside ASEAN.

Monsoon rains have covered most parts of cane, cotton, and soybean fields in western India and some parts of rice-sowing areas in central and northern India, the country’s weather office said on Tuesday.

Primary Industries Minister Teresa Kok does not understand the financial concerns of oil palm plantation smallholders in her insistence that that they should apply for the Malaysian Sustainable Palm Oil (MSPO) certification, says MCA deputy president Datuk Dr Mah Hang Soon.

he National Economic and Industry Committee (KEIN) has called for the immediate use of 50 percent blended biodiesel, which would help reduce gas and oil imports and increase the use of local palm oil.