Japan’s statistics bureau said…

Japan’s statistics bureau said the June jobless rate rose to 5.4% fm May’s 5.2% as factories cut workers on global lower demand.

Petronas said Thurs that it ha…

Petronas said Thurs that it has bought the entire stake in Optimal Group of Companies for US$660mil from New York-listed Dow Chemical Co

Local crude palm oil 3rd-month…

Local crude palm oil 3rd-month futures dropped RM30 to RM2,092 per ton at 11am Monday.

signs of recovery? u decide.. …

signs of recovery? u decide.. MAA raised its industry sales forecast to 500,000 vehicles this yr fm 480,000 as economic conditions & consume

recently heard in market that …

recently heard in market that some signs of recovery seen from the US economy. how true, how much.. let’s wait and see..

At 3.40pm, CPO 3-month futures…

At 3.40pm, CPO 3-month futures rose RM50 to RM2,070 while Nymex crude oil in electronic trade fell 39 cents to US$61.63 per barrel.

Nymex crude oil in electronic …

Nymex crude oil in electronic trade was up 9 cents to US$61.63 a barrel

Malaysia Extrenal Trade Stats update July 10th 2009

Malaysia’s exports in May 2009 increased by 4.5% to RM42.9 billion
while imports decreased by 2.3% to RM32.9 billion as compared with
April 2009. The value of exports posted a decline of 29.7% from RM61.1
billion and imports also dipped by 27.8% from RM45.6 billion, year on
year.
Source: DOSM

Asean-six to be totally free trade area by January next year

By EILEEN HEE
KUALA LUMPUR: Asean-6 will be a totally free trade area by Jan 1, 2010 when duties on most of the countries’ products are eliminated.
International Trade and Industry Ministry senior director of Asean economic cooperation division P. Ravindran said Malaysia had committed to eliminate import duties on 2,123 products, reduce import duties to 5% [...]