News
Asia-Pacific markets rise as investors digest China economic data, await Fed rate verdict
Asia-Pacific markets were mostly higher Monday, as investors parsed through economic data from China and awaited the Federal Reserve’s monetary policy move.
Malaysia’s natural rubber production rises 27% in July
According to the statistics department, China is the main export destination, accounting for 30% of total exports. Exports of natural rubber increased by 21% to 48,199 tonnes in July 2024, driven by products such as gloves, tyres, tubes, and rubber thread
The Fed won’t ‘push the panic button’ and go for a jumbo rate cut, economist says
As investors await the upcoming rate decision by the U.S. Federal Reserve this month, Carl Weinberg of High Frequency Economics said that a deep interest rate cut was unlikely.
Thailand BOI Approves Investment Worth USD1.54 billion in Biochemicals, Data Centers, and Hospital; Sets New Promotion Category for the Repair of Used EV Batteries and ESS
The Thailand Board of Investment (BOI) today approved the investment promotion applications of eight large projects worth a combined 56.95 billion baht (USD 1.54 billion),...
Fears are rising ocean freight rates may surpass $20,000 with no relief for global trade into 2025
Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.
India: Rubber sector urges higher import duties
The All India Rubber Industries Association has reiterated its request for a higher import duty on rubber-finished products in order to advance the interests of local producers and farmers.
INTERNATIONAL RUBBER ASSOCIATION
SECRETARIAT
THE THAI RUBBER ASSOCIATION
45, 47 Chotivithayakul 3 Road, Hatyai, Songkhla 90110, Thailand
+66 74 429311, +66 74 429011-2
+66 74 429312
secretariat@irainfo.org