Many Malaysians using less electricity as new tariffs loom
Many homeowners are considering having solar photovoltaic systems installed on their roofs, while others are looking at the “Time of Use” scheme, which offers lower rates…
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South Korea overtakes US in cosmetics exports, trailing only France
According to the Korea International Trade Association, Korea exported $3.61 billion worth of cosmetics from January to April, narrowly edging out the United States’ $3.57…
Indonesia to relax import rules as US tariff deadline nears
Five commodities prioritised for deregulation include forestry products, subsidised fertilizers, raw materials for plastic, other fuel types and food trays used in President…
Support mechanisms in place as Malaysia’s expanded sales and service tax takes effect
Government initiatives – from direct cash aid and electricity rebates to healthcare schemes and discount cards – are available to help ease the burden and stretch every…
China manufacturing shrinks in June despite trade war respite
China’s economy has struggled to sustain its post-pandemic recovery as it battles a prolonged debt crisis in the crucial property sector, chronically low consumption and…
Nepal to export buffalo meat to China as part of a US$197 million project
5,000 tonnes of meat to be exported daily from June next year.
Seat belts mandatory on all express, tour buses in Malaysia from July 1
The measure involves buses built from Jan 1, 2020, while buses built before 2020 will be given a specific period to install the seat belts, an official said.
23-cent bubble tea, US$7.7k EVs: China updates law to curb cutthroat price wars
The country’s top legislative body on June 27 passed amendments to a law against “unfair competition”, including one that prohibits platform operators from compelling their…
Indonesian exporters grapple with global shift to higher-grade coal
A global shift in coal markets, along with ongoing geopolitical tensions, have left local miners scrambling to realign their strategy to offset shrinking export opportunities by…
Changes brewing: Global coffee chains struggle to adapt to Korea’s cafe culture
South Korea’s saturated and stratified coffee market breeds stiff competition, in which cafe businesses at every tier are feeling the squeeze.