Sunday, July 3, 2022


China’s oil imports from Russia jump 55% year on year

The world's second-biggest economy imported around 8.42 million tonnes of oil from Russia last month, as Beijing continued to refuse to condemn Moscow's war.

India’s May palm oil imports drop 10% as Indonesia curbs exports

The south Asian country is the world's biggest importer of vegetable oils and lower purchases could weigh on Malaysian palm oil futures.

India considering curbs on fridge imports to boost local industry, sources say

The sources, who declined to be named as the talks were private, say the government is considering mandating that importers seek a licence from the authorities, replacing the existing free-import regime.

Biden waives solar panel tariffs for Malaysia, 3 others

He also invoked the Defense Production Act to spur solar panel manufacturing in the US.

Foreign businesses worry as China food import law kicks in

Chinese consumers bought US$108 billion worth of imported produce in 2020, with that number set to grow for 2021 as imports jumped nearly 30% year on year in the first three quarters.

Malaysia’s trade hits record high, surpassing RM2 trillion

Total trade expanded 24.6% year-on-year to RM2.01 trillion from January to November 2021.

US port logjam brings early Christmas for importers

Dozens of ships carrying hundreds of thousands of containers remain at anchor outside the Los Angeles harbour, waiting for a berth on docks packed to capacity.

Consumers group calls for halt to cattle imports from Thailand over reports of skin disease

The Consumers Association of Penang cites a report stating that more than 6,700 animals in Thailand have been affected so far.

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