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Cambodia iron, steel imports mount as construction sector recovers

May 19, 2022 by www.thestar.com.my Leave a Comment

PHNOM PENH (The Phnom Penh Post/Asia News Network): Cambodia imported iron and steel worth US$119.72 million in the first four months of 2022, marking an increase of 19 per cent over the $101 million recorded in the same period last year, according to Customs. This accounted for 1.192 per cent of the Kingdom’s total goods imports over January-April, valued at $10.043 billion, … [Read more...] about Cambodia iron, steel imports mount as construction sector recovers

Filed Under: AseanPlus Cambodia, steel, iron, imports, AseanPlus, steel used in construction, why iron is used to construct bridges and houses, flat iron steel, postmaster universal steel mailbox mounting bracket, importance of private sector, irons steel vs graphite, how much steel used in construction, steel uses in construction, cambodia top 10 imports, iron steel shoes

Philippine central bank raises interest rates to curb inflation

May 19, 2022 by www.thestar.com.my Leave a Comment

MANILA, May 19, 2022 (AFP): The Philippine central bank raised interest rates Thursday for the first time in more than three years, in a bid to curb inflation as rising fuel prices and food shortages push up living costs. Robust economic growth and jobs in the first quarter gave the monetary authority room to continue "rolling back its pandemic-induced interventions", said … [Read more...] about Philippine central bank raises interest rates to curb inflation

Filed Under: Uncategorized Philippines, Central Bank, Raising, Interest Rates, Inflation Control, AseanPlus, why central banks raise interest rates, why central bank raises interest rates, tighter interest rates raise fears of central bank exposure

East African real estate executives hopeful of recovery amid COVID-19 shocks

May 19, 2022 by www.thestar.com.my Leave a Comment

NAIROBI, May 18 (Xinhua) -- East African real estate executives on Wednesday said that they remain hopeful that the sector will recover from the COVID-19 shocks. Speaking at a forum in Nairobi, Kenya's capital, Tilda Mwai, research lead of pan-African real estate research firm, Estate Intel, said that the regional economic recovery has prompted a lot of interest in the sector … [Read more...] about East African real estate executives hopeful of recovery amid COVID-19 shocks

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Trading ideas: Country Heights, Malaysia Smelting Corp, LBS Bina Group, Sunway REIT, Cahya Mata Sarawak

May 19, 2022 by www.thestar.com.my Leave a Comment

KUALA LUMPUR: Stock with recent corporate announcements that could see increased trading action include Country Heights, Malaysia Smelting Corp , LBS Bina Group, Sunway REIT, Cahya Mata Sarawak, Signature International, Fiamma, MPHB Capital, Serba Dinamik , EA Technique and Zelan, said JF Apex Research. Country Heights Holdings Bhd was slapped with an … [Read more...] about Trading ideas: Country Heights, Malaysia Smelting Corp, LBS Bina Group, Sunway REIT, Cahya Mata Sarawak

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Kobay reports higher net profit of RM15mil in 3Q

May 19, 2022 by www.thestar.com.my Leave a Comment

KUALA LUMPUR: Kobay Technology Bhd ’s net profit more than doubled to RM15.1mil in the third quarter ended March 31 (3Q) from RM7.06mil a year ago. Its revenue rose almost threefold to RM100.1mil in the third quarter against RM35.2mil a year prior. The engineering solution provider, in a statement, said growth mainly came from the manufacturing segment which saw a … [Read more...] about Kobay reports higher net profit of RM15mil in 3Q

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