Showing 41 - 50 of 329
Indonesian farmers support palm oil export ban
Published on 24/04/2022
» JAKARTA: Indonesia's Oil Palm Farmers Union said on Sunday it supported the government's ban on palm oil exports, calling it a temporary measure that was needed to ensure supply and affordability of cooking oil in the domestic market.
Indonesia, Malaysia agree palm oil prices should not compete
Reuters, Published on 01/04/2022
» JAKARTA: Malaysia and Indonesia agreed that global prices of palm oil should be determined by the two biggest producers and they should not compete, Malaysia's Prime Minister Ismail Sabri Yaakob said after meeting Indonesia's President Joko Widodo on Friday.
Oil spike eats into listed firms' profits
Business, Nuntawun Polkuamdee, Published on 01/04/2022
» Total profits earned by Thai listed companies, excluding the energy sector, will likely shrink by 8.3% this year as soaring oil prices raise production costs in many industries, according to Kasikorn Securities (KS).
Further diesel excise cut sought
Business, Lamonphet Apisitniran, Published on 15/03/2022
» The Land Transport Federation of Thailand (LTFT) has called on the government to further cut diesel excise tax and abandon sales of diesel, blended with expensive palm oil-derived methyl ester, for six months to better control domestic diesel prices during the global oil price surge.
How oil’s historic surge is impacting Asia stock markets
Published on 13/03/2022
» The historic surge in oil is reshaping the outlook for Asian equity and currency markets, as the specter of prolonged high prices exposes the vulnerability of energy-dependent countries.
Economy hit by war fallout
News, Post Reporters, Published on 07/03/2022
» The Russia-Ukraine crisis has already hit Thailand's import and export trade, with both manufacturers and consumers suffering the indirect results of rising oil prices causing a spike in inflation, the government said on Sunday.
Strike on Ukraine nuke plant unnerves investors
Business, Published on 05/03/2022
» Recap: Asian stocks and US futures tumbled yesterday while energy prices rallied as war risks intensified after Russia attacked the Zaporizhzhia nuclear plant in Ukraine, fuelling fears of nuclear disaster.
Palm oil becomes costliest vegoil as Ukraine war halts sunoil supply
Reuters, Published on 01/03/2022
» MUMBAI:- Palm oil has become the costliest among the four major edible oils for the first time as buyers rush to secure replacements for sunflower oil shipments from the top exporting Black Sea region that were disrupted by Russia's invasion of Ukraine.
Reviving Sabah
Asia focus, Paritta Wangkiat, Published on 28/02/2022
» The economy of Sabah, a Malaysian state in the northern part of Borneo Island, has fallen into a slumber during the Covid-19 pandemic, with the lowest growth among the country's states.
What's behind the oil price hike?
Business, Janine Phakdeetham, Published on 10/02/2022
» The Federation of Thai Industries (FTI) recently expressed concerns that global oil prices may continue to surge, reaching US$100 a barrel this year. High fuel prices could negatively affect many sectors across the pandemic-battered economy.