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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIOI Corp's CEO plans to double its production of organic palm oilIOI Corp’s CEO, Lee Yeow Chor, explains why the Malaysian palm oil company decided to grow organic palm and shares the outlook for that segment of the business.
Persons: Lee Yeow Chor
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIOI Corp's CEO discusses the most valuable lesson he learned from his fatherIOI Corporation’s CEO, Lee Yeow Chor, shares his experiences growing up in the family business and how his leadership style differs from that of his late father, Lee Shin Cheng.
Persons: IOI, Lee Yeow Chor, Lee Shin Cheng
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe world is going to need more and more palm oil, says IOI Corporation's CEOMalaysian palm oil company IOI Corporation’s CEO, Lee Yeow Chor, discusses the controversies the company has faced and how it's addressing criticism that palm oil is "environmentally unfriendly."
Persons: IOI, Lee Yeow Chor
Over the past seven decades, the world economy has grown 14-fold, powered by a 45-fold expansion in global trade, according to the World Trade Organization. World trade as a percentage of GDP peaked at 61% in 2008. The first is rising geopolitical tensions between the United States and China. The retrenchment is probably going to be gradual: global trade was still worth 57% of world GDP last year. For 2024, the WTO said growth in goods trade would pick up to 3.3%, virtually unchanged from its April estimate of 3.2%.
Persons: Chris Helgren, Joe Biden, Xi Jinping “, , Caroline Freund, Aaditya Mattoo, Alen Mulabdic, Michele Ruta, Ursula von der Leyen, it’s, Laura Alfaro, Davin Chor, Dario Perkins, GlobalData’s Perkins, Peter Thal Larsen, Streisand Neto, Thomas Shum Organizations: Warehouse Union, REUTERS, Reuters, World Trade Organization, Economic, Reuters Graphics Reuters, HK, Amperex Technology, European Central Bank, GlobalData, Lombard, Companies, Bureau of Labor Statistics, ECB, Thomson Locations: Vancouver , British Columbia, Canada, Netherlands, United States, China, Beijing, Washington, U.S, Taiwan, Mexico, Vietnam, People’s Republic, Latin America, Chile, Brazil, Ukraine, Geneva
Globalisation woes create new winners and losers
  + stars: | 2023-10-17 | by ( Francesco Guerrera | ) www.reuters.com   time to read: +8 min
Over the past seven decades, the world economy has grown 14-fold, powered by a 45-fold expansion in global trade, according to the World Trade Organization. World trade as a percentage of GDP peaked at 61% in 2008. The first is rising geopolitical tensions between the United States and China. The retrenchment is probably going to be gradual: global trade was still worth 57% of world GDP last year. For 2024, the WTO said growth in goods trade would pick up to 3.3%, virtually unchanged from its April estimate of 3.2%.
Persons: Chris Helgren, Joe Biden, Xi Jinping “, , Caroline Freund, Aaditya Mattoo, Alen Mulabdic, Michele Ruta, Ursula von der Leyen, it’s, Laura Alfaro, Davin Chor, Dario Perkins, GlobalData’s Perkins, Peter Thal Larsen, Streisand Neto, Thomas Shum Organizations: Warehouse Union, REUTERS, Reuters, World Trade Organization, Economic, Reuters Graphics Reuters, HK, Amperex Technology, European Central Bank, GlobalData, Lombard, Companies, Bureau of Labor Statistics, ECB, Thomson Locations: Vancouver , British Columbia, Canada, Netherlands, United States, China, Beijing, Washington, U.S, Taiwan, Mexico, Vietnam, People’s Republic, Latin America, Chile, Brazil, Ukraine, Geneva
It is not even certain that the decline in China's U.S. import share represents a true delinking, they said. Yet in the background, the researchers noted that China had "stepped up" its trade and investment activity with Vietnam and Mexico, as well as other countries. "The U.S. could well remain indirectly connected to China through its trade and global value chain links with these third-party countries," they argued. Prices for goods from some countries, moreover, were beginning to rise. Reporting by Howard Schneider; Editing by Paul SimaoOur Standards: The Thomson Reuters Trust Principles.
Persons: JACKSON, deglobalization, Laura Alfaro, Davin Chor, Alfaro, Chor, What's, Howard Schneider, Paul Simao Organizations: Biden, Trump, Federal, Harvard Business School, Tuck School of Business, Dartmouth, Fed, Thomson Locations: , Wyoming, China, Ukraine, freefall, Jackson Hole , Wyoming, U.S, Vietnam, Mexico
BANG BO, Thailand—When the buses stopped coming in early 2020, it wasn’t long before businesses began dropping like flies. Then the hot-pot place let its lease expire. Now, this cluster of three-star hotels near Thailand’s main international airport is coming back to life as China reopens its borders. Neatly uniformed staff at Chor Cher, a resort that catered almost exclusively to Chinese tourists, come to work daily even though all of its 389 rooms are still empty. The walls shimmer with a fresh coat of paint and new furniture is in place.
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