Malaysia Needs Stable Political Ecosystem To Face Economic Challenges – Analysts

KUALA LUMPUR, Nov 7 (NNN-Bernama) — Malaysia needs a stable political ecosystem to face the coming economic challenges, say economic analysts. Chief Economist at the Future Labour Market Studies (EU-ERA), Associate Professor Dr Mohd Yusof Saari said Malaysia’s experience has shown that political stability is crucial to efficient economic governance.…

India Amends Policy On Sugar Exports

NEW DELHI, Nov 6 (NNN-PTI) – India has allowed sugar exports between Nov 1, and Oct 31 next year, up to a limit, an order issued by the federal government stated yesterday. Sugar mills located across the country, have been given individual export quotas, totalling up to six million tonnes…

Sri Lanka’s Tourism Earnings Surpassed One Billion USD In First 10 Months

COLOMBO, Nov 6 (NNN-XINHUA) – Sri Lanka’s tourism earnings, in the first 10 months of this year, surpassed one billion U.S. dollars, according to the latest data from the country’s central bank. The data showed that, the monthly tourism earnings stood at 75.6 million dollars in Oct. Official reserves of…

Sino-German Business Ties Continue To Build Strong Bridges: BMW CEO

BERLIN, Nov 6 (NNN-XINHUA) – Chinese and German business ties can continue to build strong bridges between the two countries, Oliver Zipse, chairman of the Board of Management of BMW AG, told Xinhua, in a recent interview. Zipse accompanied German Chancellor, Olaf Scholz, on his visit to China Friday, the…

Four Southeast Asian Countries Adopt Action Programme On Tourism Cooperation

PHNOM PENH, Nov 5 (NNN-AKP) – Tourism ministers of Cambodia, Laos, Myanmar and Vietnam (CLMV), adopted a three-year action programme on tourism cooperation, Cambodian Tourism Minister, Thong Khon, said yesterday. The adoption was made during the sixth CLMV Tourism Ministers Meeting, which was convened on Thursday in Cambodia’s Siem Reap…

Cambodia To Export More Milled Rice To China In Coming Years

PHNOM PENH, Nov 5 (NNN-AKP) – Cambodia is expected to export more milled rice to China in coming years, thanks to the entry into force of the Regional Comprehensive Economic Partnership (RCEP) trade deal, and the Cambodia-China Free Trade Agreement (CCFTA) earlier this year, Song Saran, president of the Cambodia…

Chinese Automaker Geely Entered EU Market

BUDAPEST, Nov 5 (NNN-XINHUA) – Chinese automaker, Geely Auto Group, entered the European Union (EU) market by signing an agreement with Hungarian car importer, Grand Automotive Central Europe (GACE) here, yesterday. The deal was signed by Xue Tao, executive deputy general manager of Geely Auto International Corporation, and Viktor Molnar,…

Pakistani Rupee Slightly Increased Against Strong USD

ISLAMABAD, Nov 5 (NNN-APP) – Pakistani rupee recorded a slight recovery despite the constant strengthening of the U.S. dollar against other currencies, as the greenback was traded at 221.92 rupees in the interbank market yesterday, according to the State Bank of Pakistan (SBP). The U.S. dollar closed at 221.95 rupees…

Thai Central Bank’s Monetary Policy To Consider Economic Outlook, Inflation

BANGKOK, Nov 4 (NNN-TNA) – Thailand’s central bank said yesterday that, its monetary policy would take into account the country’s economic outlook, inflation rate and financial stability. Despite the weakening of the Thai baht, the country’s capital flows remained normal, the Bank of Thailand (BOT) Assistant Governor, Chayawadee Chai-Anant said,…

Vietnam’s Cloth Import Up Eight Percent In 10 Months

HANOI, Nov 4 (NNN-VNA) – Vietnam spent over 12.5 billion U.S. dollars on cloth import, in the first 10 months of this year, posting an increase of eight percent year on year, according to the General Statistics Office, yesterday. Between Jan and Oct, Vietnam imported nearly 1.2 million tonnes of…
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