Malaysia’s rubber market set to continue cautious trading
Despite the positive natural rubber outlook in 2022 and upbeat United States manufacturing data, industry players have remained cautious over the ongoing Ukraine-Russia peace…
ECONOMIC AFFAIRS
Vietnam’s rice exports signal a favourable year in 2022
Experts forecast both rice output and consumption in the global market would increase this year.
Two Indonesian mothers lost their lives just for a few bottles of cooking oil
After insisting that there was an abundant stock of cooking oil across the country, the government eventually bowed to the pressures of palm oil businesses to follow the market…
Philippines braces for spillover impact of Russia sanctions
The World Bank said Philippine authorities should watch out for the extent that the Russia-Ukraine conflict will contribute to a further increase in energy and food inflation.
Covid-19 sends 4.7 million people into extreme poverty in Southeast Asia
The Asian Development Bank said there were 9.3 million fewer employed workers in Southeast Asia in 2021 as Covid-19 curbs reduced economic activity, leaving millions without work.
E-commerce delivery, manufacturing in S’pore may be hit by Shenzhen lockdown
The southern port city, which is also China's tech and manufacturing hub, was placed under a seven-day lockdown from Sunday (March 13) to contain the spread of Covid-19.
Impact of Ukraine war will add to cost of living pressures in Singapore: Panel
With uncertainty over how the three-week-long invasion by Moscow of its neighbour might pan out, questions remain over the degree of inflation to expect.
Gold has not lost its lustre in Malaysia
A jeweller interviewed said the war in Ukraine did have an impact on the industry, but people would always be able to make money out of gold.
Duterte nixes suspension of fuel excise tax; approves P200 monthly subsidy to poor families
The Department of Finance said this is a more equitable response to the rising price of fuel rather than suspending excise tax on fuel, which would only benefit “richer…
Japan likely to invoke trigger clause to lower gasoline taxes
The government has already been providing subsidies to oil wholesalers as a temporary measure in order to keep the nationwide average price of gasoline at about ¥172 (US$1.45)…