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Wednesday, October 16, 2019

Tag: surplus

Vietnam buys more US goods after Trump calls it trade abuser

Vietnam is buying more US goods to help it reduce a US$39.5 billion surplus after President Donald Trump calls the country a trade abuser.

GDP growth in Q2 likely to be robust, says finance ministry

This comes after positive growth of 1.1% in exports in April.

Mexican president promises surplus in 2019 budget proposal

Lopez Obrador proposed a primary surplus of 1% of gross domestic product for next year and his administration expects this year’s surplus to be about 0.8%

China’s surplus with the US hits new record in November

The increasingly lopsided trade in goods between the two nations threatens to further derail prospects for a trade deal during a 90-day negotiation period.

Opec+ faces risk of new oil surplus as prices slump

Technical committee projected a global oil surplus will resurface in 2019 if they continue to produce at current rates.

Shafie presents surplus budget for Sabah

The Sabah chief minister also calls for cooperation to explore new sources of revenue for the state.

Malaysia’s exports rebound in September, trade surplus swells

The trade surplus in September jumped to RM15.3 billion, the biggest trade surplus recorded since October 2008.

LGE says BN govt sold 1,481ha of state land in Penang,...

Accusing Najib Razak of resorting to personal attacks, the finance minister reiterates that the previous government left the nation’s finances in a bad state.

China-US surplus hits record, adding fuel to trade war

China's trade surplus with the US grew 10% in September from a record US$31 billion in August, according to China's customs administration. It was a 22% jump from the same month last year.

US sends China to-do list to cut trade imbalances

In the past few days, fears of a trade war have mounted following US President Donald Trump announcement on Thursday of plans for tariffs on up to US$60 billion of Chinese goods.

Japan books trade surplus with US

Japan's surplus with the United States has edged up 3.4% on increased exports in automobiles.

Sabah’s budget and the importance of financial prudence

Writer says only a leader with financial discipline and vision, and an exceptional passion for Sabah's economic success could keep the state in good financial shape.

DAP: Is Liang questioning A-G’s approval of Penang accounts?

Penang CM Lim Guan Eng says Gerakan sec-gen does not seem to understand differences between accounts under government, PDC, MBPP and MPSP.

‘Half of RM1bil total surpluses went to affordable housing’

Penang chief minister also clarifies that state’s annual budget surpluses not due to land sales amounting to RM658 million.