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India may cut duties on palm oil imports

Bloomberg India will likely cut import duties on palm oil from next year in a boost to top growers in Indonesia and Malaysia, according to people with knowledge of the matter. Crude palm oil duties for Malaysia will be cut to 40 percent from 44 percent from January 1, while a levy on the refined variety will be reduced to ...

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China to expand drug-buying plan to more cities

Bloomberg China is pushing ahead with a campaign to slash generic drug prices that has wiped out $46 billion in value from pharmaceutical companies since it was launched earlier this month. The government will expand a central procurement programme to more regions and more drugs, Vice Premier Sun Chunlan said at a meeting of the National People’s Congress standing committee, ...

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Philippines realty prices decline in Q3

Bloomberg Philippine home prices declined in the third quarter from the prior three months, reversing a short-lived rebound as interest rates increased. Housing values fell 0.6 percent quarter-on-quarter, according to Bangko Sentral ng Pilipinas. Prices rose 0.8 percent gain in the second quarter following a 0.9 percent decline in the first three months of the year. The central bank raised ...

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