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Tuesday, June 18, 2019

Tag: exports

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.

Fears of a recession after fall in exports and imports

Economist Barjoyai Bardai calls for a focus on services, as Malaysia is too reliant on commodities.

February exports fall 5.3%

The slowdown in exports was largely due to weaker demand for petroleum products, manufacture of metals and optical and scientific equipment.

Sierra Leone bans industrial fishing for a month

The government also decreed an April 1-30 halt to exports by major fishing companies.

Crude palm oil price going up, Dewan Rakyat told

Primary industries minister says the export of palm oil in the first two months of the year also increased.

Singapore’s exports rebound but electronics show prevailing weakness

February's electronics reading was an improvement on January's 15.9% contraction.

Global risks threaten to choke off Europe’s growth engine

As Europe is becoming more advanced, manufacturing industries in Europe must adapt to the changing economy.

China will not devalue renminbi to spur exports

Yi Gang said that China will never use the exchange rate for competition reasons, or to increase China's exports, against what President Donald Trump is accusing China of.

Finance chief: Hong Kong economy stalls amid trade dispute

Economic growth in the semi-autonomous Chinese city for the last quarter of 2018 was less than 1.5% - the weakest since the first quarter of 2016.

Malaysia’s total trade up 5.9% to RM1.8 trillion in 2018

Despite uncertainties in the global environment, exports rose 6.7% year-on-year to reach RM998 billion.

EU sets out plans for ‘limited’ US trade deal

The effort is also part of a strategy to stop Trump from slapping damaging duties on car imports from Europe, a danger that has especially unnerved Berlin.

Malaysia has potential to increase textile exports to US

In hopes of reviving textile industry in Malaysia, suppliers of home-textiles and other textile products were seen at Frankfurt's Heimtextil Trade Fair.

Japan’s Abe says vigilant to global economic risks clouding recovery

Signs of slowing global demand and recent sharp rises in the yen currency have clouded the outlook for the export-reliant economy.

November trade surplus plunges on slowing exports

Total exports in November grew marginally by 1.6% from a year earlier, far short of the 6.6% forecast by economists.

Iran hails oil-for-goods deal with South Korea

Head of the Iran-South Korea chamber of commerce says a mechanism has been devised for returning oil export revenues from South Korea, by which Iran's oil export revenue will be bartered with imported goods.

Export of Musang King durians to China to jump by end-2019,...

Deputy Agriculture and Agro-based Minister Sim Tze Tzin says more local companies are positioning themselves to export to China where there is a growing demand for durians.

Thai rubber farms stretched as US-China trade war saps demand

Rubber trade is at a crossroads as a bitter dispute between the world's two biggest economies ricochets across Southeast Asia with unexpected consequences.