gradual increment of rig counts being used in the US; leading to concerns that supply reduction measures that producers have elected to follow, will not be able to curb market excess supply. On the other
evenly distributed to the middle and low-income population. At the same time, the government launched a variety of tax and non-tax measures to boost household spending, particularly near the end of the
farmers lose their income and lack purchasing power. Despite the government’s stimulus measures and tax measures to stimulate domestic spending, the tourism industry, and promoting many mega projects as
has other measures which are adequate and sufficient to compensate for the compliance with the regulations or conditions to be exempted. The granting of exemptions under the first paragraph shall take
or foreign, which constrain the applicant from complying with the rules or conditions to be waived; 7 (3) the applicant has provided other sufficient measures in lieu of its compliance with the rules
high probability towards 2018 and afterwards, if China and major steel producing countries do not adequately use effective measures for steel production control. Chart of world steel production capacity
use effective measures for steel production control. Chart of world steel production capacity utilization, ending 31 December 2017 Source: World Steel Association The main raw materials (Pig iron
growth outlook still challenge with uncertainties on the external front particular on pertaining to the US foreign trade policies, retaliatory measures from its trading partners. LH Financial Group Public
PET Robust demand growth of 5-6% continues Volume growth and new market entry following the acquisition in Brazil and Corpus Christi JV in USA On-going impact of trade measures on domestic
tons or 13%. The demand growth was driven by the government measures to increase domestic crude palm oil consumption; for instance, increasing of the minimum biodiesel mandate from 6.5% to 6.8% from 5th