Kuala Lumpur / Bloomberg Malaysia’s palm oil production will slump more than previously forecast as the lingering effects of El Nino curb output in the world’s second-biggest producer, according to Godrej International Ltd.’s Dorab Mistry. Production will drop by 2 million metric tons in the year through September, Mistry said in remarks prepared for a conference on Monday in Beijing. ...

Manila / DPA The Philippines’ stable macroeconomic profile would enable the country to withstand external shocks better than most of its neighbors could, debt watcher Moody’s Investors Service said. In a statement, the government’s Investor Relations Office (IRO) cited a recent Moody’s report which assessed the Philippines’ macroeconomic profile as “Moderate+,” better than the assessment of “Moderate” for China, India, ...

New Delhi / Bloomberg India’s foreign-exchange reserves climbed to a record as the rupee heads for its biggest monthly advance in two years. The currency stockpile rose by $2.54 billion in the week through March 18 to an unprecedented $355.95 billion, a Reserve Bank of India statement showed. That capped a third straight week of increases. The rupee has jumped ...