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China will keep buying our palm oil: Malaysia

Bloomberg Malaysia is unlikely to suffer any loss in its palm oil business from China, despite Beijing pledging to boost soybean purchases from US amid the trade war, according to the Southeast Asian nation’s trade chief. “I don’t think so,” Malaysia’s Minister of International Trade and Industry Darell Leiking said on Wednesday in a Bloomberg Television interview with Haslinda Amin ...

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Thailand’s budget faces further delay

Bloomberg Thailand’s annual budget faces a further delay after an irregularity emerged in the parliamentary vote that was supposed to approve it, signalling yet another obstacle for a struggling economy. The Constitutional Court will now assess whether the vote in the lower chamber was valid following a request for a ruling from 90 lawmakers, Government Chief Whip Wirat Rattanaset said ...

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Indonesia parliamentarians to prioritise jobs, tax, capital bills

Bloomberg Indonesian lawmakers agreed to prioritise bills related to jobs, taxation and the relocation of the capital, key to president Joko Widodo’s efforts to boost investment, accelerate growth in Southeast Asia’s largest economy. The three omnibus bills are among the 50 priority legislation for debate and approval this year, Deputy Speaker Muhaimin Iskandar told a plenary session of the parliament ...

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