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A collection of 23 posts

Malaysia's Bold Move to Halt New Palm Oil Plantations: A Step Towards Sustainability

Malaysia is committed to sustainable palm oil production amid growing international scrutiny over deforestation and environmental degradation associated with palm oil cultivation

China’s Trade Pivot: Shifting Focus to Vietnam and Mexico Amid Escalating Tensions

The intensifying trade dispute between the US and China has accelerated this shift encouraging a trade pivot for China. Chinese companies are increasingly routing their products through Vietnam

Breaking Dependence: The Push to Ban Russian Uranium Imports in the US

A key facet of this House bill is its inclusion of waivers that would allow for the import of low-enriched uranium from Russia, contingent on the determination of the U.S. energy secretary that no alternative sources are available

US Ambassador Urges Caution in African Trade with Russia Amid Sanctions

Regarding the South African government's stance, any claims of formal sanctions being imposed on the country due to its alleged support for Russia have been dismissed as "reckless" and "purely alarmist."

China Slams Japan's Export Controls on Chipmaking Equipment as Violation of Free Trade

This decision was perceived as a response to the United States' actions in limiting chip exports to China, with the objective of impeding China's acquisition of crucial military technology.

Djibouti To Use Own Currency for Intracontinental Trade

A major advantage of adopting its own currency is that Djibouti can avoid the fluctuations caused by other currencies. For instance, if Djibouti were to engage in trade with a country whose currency value depreciates, it could lead to substantial losses.

Shan Aboo is New Allianz Trade APAC Regional Commercial Director

Shan Aboo is New Allianz Trade APAC Regional Commercial Director

HONG KONG, Aug. 18, 2022– Allianz Trade in Asia Pacific is pleased to appoint Shan Aboo as Regional Commercial Director, effective 1 August 2022. He will be responsible for overseeing the trade credit insurer’s commercial activities in twelve Asia Pacific markets. Based in Singapore, he will report to Regional

What Is The Deal Between China And Malaysia

What Is The Deal Between China And Malaysia

China’s Foreign Minister Wang Yi’s visit to Malaysia was filled with promises of a win-win cooperation between both nations and here we highlight the main points of this cooperation. However, before we go deeper into the China-Malaysia relations, we have to look at what is happening around us

Another day of woes in the local market

Another day of woes in the local market

On Monday, the FBM KLCI fell in line with global market sentiment. The index fell 0.97 percent, or 15.16 points, to 1,549.18, led by losers PCHEM, PMETAL, and SIMEPLT. The market breadth was negative, with 827 decliners outnumbering 183 advancers. Total volume was 3.22 billion

Overbit traders can now deal faster with MetaTrader 5

Overbit traders can now deal faster with MetaTrader 5

SINGAPORE, April 12, 2022 — Leading Bitcoin derivatives trading platform, Overbit, announced the launch of MetaTrader 5 (MT5) to enhance a faster and seamless on-the-go trading experience for its traders. Overbit is one of the first leading crypto derivatives companies who are offering an upgrade on its exchange with the integration

Trade in Asia: looking ahead

Trade in Asia: looking ahead

Hong Kong March 24th 2022 – Economist Impact hosted the 3rd annual Asia Trade Week virtually from March 21st to 24th. The virtual week brought together more than 3,000 business leaders, trade negotiators, policymakers, academics and experts to debate and discuss the most important issues surrounding Asian trade and business.

SMEs in Malaysia Looking to Tap Growth in Asia Pacific

SMEs in Malaysia Looking to Tap Growth in Asia Pacific

KUALA LUMPUR, Malaysia, 10 March, 2022 – FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, together with SME Association of Malaysia, recently released the results of a joint survey titled ‘Levelling Up the Logistics Strategy for SMEs in Malaysia’. According

Timber Exporters-Sharjah Ports MoU for growth with logistics

Timber Exporters-Sharjah Ports MoU for growth with logistics

KUALA LUMPUR, Jan — The Timber Exporters’ Association Malaysia (TEAM) has inked a Memorandum of Understanding (MoU) with the Sharjah Ports Authority in the United Arab Emirates (UAE) to enhance economic and trade partnerships between the timber industry in Malaysia and the UAE through logistics services. The MoU was signed by

HIGHER REWARDS FOR WHISTLEBLOWERS CAN CURTAIL COSTLY BLACK MARKET TRADE

HIGHER REWARDS FOR WHISTLEBLOWERS CAN CURTAIL COSTLY BLACK MARKET TRADE

KUALA LUMPUR, 13 JANUARY 2022 – Higher rewards to entice whistleblowers to come forth and report misconduct can play a critical role in putting a stop to corrupt practices and stem the multi-billion Ringgit economic leakages caused by illegal trade, said, Dato Seri Akhbar Satar, the Founder and President of the

Next.e.GO Mobile electric vehicles manufacturer to enable trade of CO2 certificates

elecrtic vehicles

Next.e.GO Mobile electric vehicles manufacturer to enable trade of CO2 certificates

AACHEN, Germany, Jan. 13, 2022 /PRNewswire/ — Next.e.GO Mobile SE, the independent German manufacturer of innovative and sustainable urban electric vehicles, announced today that it will enable its customers to trade their GHG quota (CO2 certificates). Together with the partner, Fairnergy, e.GO Mobile offers simple and fast processing

resistance level

Stocks On Radar: RGT

RGT (9954) surged and tested the RM0.705 resistance level. “With its 21-day moving average in an uptrend, coupled with a higher trading volume, we see a possibility for a technical breakout. If this happens, we expect it to move towards the short-term target prices of RM0.735 and RM0.

U.S. trade deficit widens sharply in November as imports surge

U.S. trade deficit widens sharply in November as imports surge

The US trade deficit widened to -USD80.2b in Nov-21 (Oct-21: -USD67.2b), beating the market consensus of -USD77.1b. The stronger-than-expected deficit was attributed to a steady +4.6%mom rise in monthly imports while exports grew at a slower pace of +0.2%mom. On an annual basis,

Malaysia’s Economic Recovery Strengthened in 4QCY21

economic recovery

Malaysia’s Economic Recovery Strengthened in 4QCY21

Leading Index moderated in Oct-21. Malaysia’s leading index (LI) expanded for the second consecutive month albeit at a slower pace of +0.3%yoy in Oct-21 (Sep-21: +0.6%yoy), buoyed mainly by the rise in real imports of semiconductors, notably electronic integrated circuits. The expansion in LI suggests

Unstoppable China Is An Ally, says Mahathir

Unstoppable China Is An Ally, says Mahathir

Downplaying claims that China has fully occupied the South China sea, former Prime Minister Tun Dr Mahathir Mohamad believes the Chinese nation is not a threat but is, instead, an ally in Asia. For the elderly statesman, who at 96, has kept his ability to dissect the global and regional

China is intent on undermining democracy abroad

China is “intent on undermining democracy abroad”, says a handbook for democracies (whatever it means). It says the anti-China efforts should focus on the role of the rebirth of the Quad. Quad, formed in 2007 has U.S., India, Japan an Australia as partners. The handbook says the Quad can

DNEX webinar to re-imagine future of cross-border trade

CYBERJAYA, Sept 7 (Bernama) — Dagang NeXchange Berhad (“DNeX”), through subsidiary SealNet Sdn Bhd, is bringing together industry experts in the supply-chain and cross-border trade to re-imagine what the industry would look like in the future, especially in a Covid-19 pandemic reality. The experts will discuss and share perspectives on approaches

Stop culling exotic animals to avert COVID!

We all know how COVID-19 emerged. We also know its origin, though no official confirmation. We know if there is a halt in exotic animal trade, COVID may not happen that easily, again. It is clear COVID-19 came out of no where and hit the world like a boom. It