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Sri Lanka approves proposal to set up financial stability fund

Colombo: Sri Lanka cabinet approved a proposal to establish a financial stability fund with an initial allocation of one billion Sri Lankan rupees (3.3 million U.S. dollars), the government’s information department said on Tuesday.

President Ranil Wi…

China’s top legislature starts standing committee session

Beijing: China’s top legislature on Tuesday started a regular session to review a raft of bills including a draft revision to the National Defense Education Law and a draft amendment to the Statistics Law.

Zhao Leji, chairman of the 14th National Peo…

Malaysia’s palm oil stocks up 7.34 pct on month in August

Kuala lumpur: Malaysia, the world’s second-largest palm oil producer, has reported higher palm oil stocks in August amid higher production and lower exports.

The industry regulator Malaysian Palm Oil Board (MPOB) data showed on Tuesday that Malaysia’…

Laos trains tour guides to support tourism growth

Vientiane: A national tour guide training course kicked off in Lao capital Vientiane, which aims to produce more qualified personnel to support tourism growth in Laos and address the shortage of skilled workers in this field.

The course takes place f…

Malaysia’s industrial production index expands 5.3 pct in July

Kuala lumpur: Malaysia’s industrial production index (IPI) expanded by 5.3 percent year-on-year in July, driven by strong growth in the manufacturing sector output, official data showed Tuesday.

The Department of Statistics Malaysia (DOSM) said in a …

Malaysia’s manufacturing sales rise 9.1 pct on year in July

Kuala lumpur: Malaysia’s manufacturing sector’s sales value rose 9.1 percent year on year to 157.1 billion ringgit (36.04 billion U.S. dollars) in July, marking the highest growth since February 2023, official data showed Tuesday.

The Department of S…