Trends - Southeast Asia - Business Recorder

Southeast Asia

US, China, Southeast Asia defence officials meet amid crises

JAKARTA: Defence ministers and officials from the United States, China, Russia and Southeast Asia gathered in...

Published 16 Nov, 2023 10:58am

World

Biden meets with Indonesia president ahead of Xi summit

WASHINGTON: Leaders from the United States and Indonesia held discussions on Monday that will set the stage for US...

Published 14 Nov, 2023 10:44am

World

Indian tourists flock to Southeast Asia

BANGKOK/NEW DELHI: Indian tourists are streaming into Southeast Asia, cementing the world most populous country’s...

Published 18 Jul, 2023 05:51am

Markets

Thai baht climbs as Asian currencies gain on weak US dollar

The Thai baht rose sharply on Monday, leading strengthening Asian emerging currencies as the US dollar slid amid the...

Published 13 Mar, 2023 10:18am

World

Bangladesh tries to stop Rohingya risking their lives at sea

DHAKA: Bangladesh is trying to stop Rohingya refugees risking their lives in boats to Southeast Asia, a government...

Published 27 Dec, 2022 01:10pm

Markets

Citi to sell retail arms in 4 Southeast Asian markets to Singapore's UOB for $3.65bn

SINGAPORE: Citigroup has agreed to sell its consumer business in four Southeast Asian markets to United Overseas ...

Published 14 Jan, 2022 11:07am

Markets

Tokyo rubber futures climb

TOKYO: Japanese rubber futures climbed on Friday on worries that transportation bottlenecks from Southeast Asia were...

Published 09 Jan, 2022 07:05am

World

Blinken headed for Southeast Asia with China, Myanmar on agenda

WASHINGTON: US Secretary of State Antony Blinken will head to Southeast Asia next week on a tour designed to show ...

Published 08 Dec, 2021 09:38pm

Business & Finance

Toyota lifts annual profit forecast despite production cut

TOKYO: Toyota upgraded its full-year profit forecast on Thursday after a strong quarter that saw it weather...

Published 04 Nov, 2021 10:01am

Business & Finance

Samsung forecasts near-30% jump in Q3 operating profit

SEOUL: South Korean tech giant Samsung Electronics defied the global supply chain challenges to forecast a...

Published 08 Oct, 2021 10:22am

Markets

World Bank cuts Thai GDP growth outlook to 1% this year

BANGKOK: Thailand's economy is forecast to grow 1% this year, down from the 2.2% projected in July, hit by a spike ...

Published 28 Sep, 2021 12:21pm

Business & Finance

Toyota to cut Sept production by 40pc

TOKYO: Toyota said Thursday it will cut global auto production by 40 percent in September as the spread of...

Published 23 Aug, 2021 06:20am

Markets

Deutsche Bank hires 3 Credit Suisse wealth management execs in SE Asia push

Urs Brudermann, at Credit Suisse for the past 11 years and most recently as team leader for Thailand, joins Deutsche's wealth management arm as managing director and group head of Southeast Asia, Deutsche said in a statement

Published 16 Aug, 2021 10:46am

Business & Finance

Indonesia launches online push to streamline investment permits

Jokowi has tried to digitalize investment applications before, but it could still take months if not years to process a proposal in certain sectors

Published 09 Aug, 2021 10:11am

World

5.9 magnitude quake strikes off Indonesia's Papua: USGS

Shallow quakes tend to do more damage than deep tremors

Published 02 Aug, 2021 12:07pm

World

5.8 magnitude quake hits eastern Indonesia

Shallow quakes tend to do more damage than deep ones, but there were no immediate reports of major damage or casualties.

Published 16 Jun, 2021 11:28am

World

Malaysia imposes lockdown as Southeast Asia battles virus surge

Travel between most parts of the country had already been banned for months.

Published 01 Jun, 2021 10:40am

Opinion

Grab’s Nasdaq debut to test its $40bn valuation, set roadmap for SPAC hopefuls

Singapore’s Grab more than doubled its valuation to $40 billion in about a year as part of the world’s largest...

Published 29 Apr, 2021 03:52am

Business & Finance

Norwegian Air to raise more money than planned, CEO says

Financed largely by debt, Norwegian Air grew rapidly, serving routes across Europe and flying to North and South America, Southeast Asia and the Middle East before the COVID-19 pandemic plunged the airline into crisis.

Published 14 Apr, 2021 12:08pm

Markets

Argentine farmers, facing peso uncertainty, hoard soy despite high prices

Farmers in top global producers Brazil and the United States have eagerly sold crops to lock in good prices.

Published 09 Apr, 2021 11:44am

Pakistan

Tajikistan invited to benefit from Gwadar Port

DUSHANBE (Tajiki-stan): Foreign Minister Shah Mehmood Qureshi on Wednesday invited Tajikistan to benefit from...

Published 01 Apr, 2021 04:10am

Business & Finance

Malaysia investment slump shows need for structural reforms: World Bank

KUALA LUMPUR: Malaysia risks falling behind in the regional competition for foreign investments due to longstanding...

Published 18 Mar, 2021 03:56am

Business & Finance

Malaysian durian trade battered as lockdown bites

The trade in durians has exploded over the past decade, largely driven by China's growing appetite, with prices of the once cheap fruit selling for 60 ringgit ($14) or more a kilo.

Published 17 Feb, 2021 11:37am

Markets

Indonesia's trade surplus seen narrowing in January

Imports were forecast to show a contraction of 2.77% annually in January, compared with a 0.47% fall in December.

Published 11 Feb, 2021 01:54pm

World

In multiple messages, Biden warns Beijing over expansionism

That stance was echoed by Lloyd Austin, who told Japanese counterpart on Saturday that the contested islands were covered by the US-Japan Security Treaty.

Published 28 Jan, 2021 05:55pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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