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May, 1, 2016

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Business > Asia > Malaysia
Malaysia's palm oil inventory finally eased to 1.93 million tons in April after staying above the 2-million-ton threshold for the past 10 months, which had led to concerns that crude palm oil (CPO) prices would likely be dragged down further.
 
Malaysia has reported a nearly 50-percent drop in reported online scams to 714 cases in the first quarter of 2013 from 1,321 cases in the same period last year.
 
Indonesian inflation accelerates to 5.90%
Indonesian inflation accelerated to 5.90 percent year-on-year in March, surpassing the upper limit of the central bank's target range due to an increase in food prices, official data showed Monday.
 
The Malaysian Rubber Board (MRB) is planning to launch a second edition of strategies for the local rubber industry within the next few months in view of new challenges and prolonged issues in the thriving industry, according to director-general Dr. Salmiah Ahmad.
 
Malaysia said Monday its export activity rebounded 3.5 percent in January from a dip a month earlier as demand from neighbors and the giant Chinese market picked up.
 
The Economic Transformation Programme (ETP) will continue to attract both local and foreign investor interest to the Malaysian property sector, said Performance Management and Delivery Unit (Pemandu) chief executive and minister in the Prime Minister's Department Idris Jala.
 
The Ministry of Economic Affairs (MOEA) said yesterday it will help local steelmakers affected by Malaysia's anti-dumping tariffs on steel wire rod imports from Taiwan, among other countries.
 
Asian bonds would continue to provide investors with more attractive yields compared with developed market bonds, while fundamentals of Asian economies and corporations remain relatively sound.
 
In Malaysia, 50 more Innovation Business Opportunities (IBOs) with potential revenue of 950 million ringgit (US$309.24 million) have been made available.
 
China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
 
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