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Tuesday, October 22, 2019

Tag: exports

MPOA sees business as usual amid India palm oil curbs threat

It says if the threat materialises, India will have to source its palm oil from Indonesia and would have to accept whatever price it sets.

Singapore will be ‘lucky’ to see growth in 2019, says PM...

As exports slump, the republic’s official projection is only at 0% to 1% this year.

Speculation, rumours bad for trade, warn Indian palm oil importers

They say unsubstantiated claims published in the media harm business interests of both importers and exporters by creating uncertainty in decision-making and the supply chain.

Because of Indian Monsoon, Asia now has eyewatering onion prices

Impact of ban on exports, caused by longer rains, felt across the continent.

Growing feud sees Japan dropped from S.Korea’s trade ‘white list’

Escalated tension bodes ill for economies already struggling amid weak global demand.

India unveils US$7 billion of stimulus to help spur exports

Saturday’s measures come on top of steps last month to boost vehicle purchases, attract foreign funds and ease foreign investment rules.

Kok optimistic of higher palm oil exports to Vietnam

The primary industries minister says there is room for palm oil exports to expand as Vietnam's economy grows and standards of living improve.

Economy will grow sustainably in second half of year, says Guan...

This follows the better-than-expected export growth in July and a 97.2% growth in approved foreign investment in the first half of this year

India raises tax on refined Malaysian palm oil

Indian buyers had already started to reduce purchases last week after India raised its tax on palm oil imports from Malaysia.

Rubber exports grew 10% over last decade

Export of rubber products accounted for 2.4% of Malaysia's total exports.

Malaysia to replace Indonesia as top palm oil supplier to India

Under an agreement, New Delhi has been charging lower import tax on refined palm oil from Malaysia, giving Kuala Lumpur an edge over Jakarta.

Singapore businesses see sharp downturn in economy on trade war

The city state’s economic data has taken a turn for the worse recently after showing relative resilience earlier this year.

Demand for Malaysian palm oil has gone up, Senate told

Sales to the US, China, EU and India all up in the first half of the year, says deputy minister.

2019 biodiesel output, exports seen at record highs

The forecast comes after the European Commission proposed duties ranging from 8% to 18% on imports of biodiesel from Indonesia.

Singapore’s exports plunge more than forecast

The economic downturn in the second quarter has prompted analysts to downgrade growth forecasts for this year and predict a possible recession.

RAM Ratings expects continued trade growth for May

The healthier estimated export growth of 4% in May is partly due to the frontloading of shipments ahead of the Hari Raya festive holidays in June.

Malaysian timber exports to reach RM25 bil next year

Last year, nearly RM8 billion in wooden furniture were exported.

India set to raise tariffs on some US goods

President Donald Trump's decision to strip New Delhi of its preferential trade status earlier this month appears to have triggered the latest Indian move.

14% export figures under BN higher than 1.1% in April, Najib...

The former finance minister takes a swipe at his successor for claiming the positive export growth is an early sign of a robust second-quarter GDP growth.

China allows imports of frozen whole durians from Malaysia

This is expected to benefit durian farms, especially those growing the popular Musang King variety.

Indonesia misses economic growth forecasts in Q1 as exports slip

The commodities-driven economy has been faced with widening trade deficits and rocky global demand for export drivers like palm oil and coal.

Malaysia registers highest month-on-month export growth since April 2010

Exports in March this year grew by 26.2% while total trade surged 25.9%, says Miti.

Malaysia targets Saudi Arabia, Ethiopia for palm oil exports

The government will also explore markets in Russia and Iran, says Primary Industries Minister Teresa Kok

Singapore exports slump on worst electronics plunge since 2013

The city state’s critical electronics sector has contracted for 15 of the past 16 months.