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News of Business Council
Russia's Orgkhim Biochemical invest US$50m to build facility in Johor.

Norman Process Oils Malaysia Plant Sdn Bhd, a subsidiary of Orgkhim Biochemical Holding from Russia, is building a US$50 million (RM197.84 million) facility at Tanjung Langsat, Pasir Gudang to manufacture petroleum-based extender oils used in tires, synthetic rubbers and rubber compounds.

Business in Russia
Russian Finance Ministry does not plan to impose tax on currency transactions More: http://tass.com/economy/988513

The Russian Finance Ministry does not plan to introduce taxation of currency exchange operations, Deputy Minister Ilya Trunin told reporters on Monday.

Business in Russia
Japan to present plan for modernizing Vladivostok’s infrastructure to Russia.

The Japanese government plans to present to Russia a plan to modernize Vladivostok’s urban infrastructure with the use of Japanese technologies, including improving traffic flow, rebuilding tourist facilities and developing areas around railway stations. 

Business in Russia
Russia-Thailand Travel Club opens in Bangkok.

The Russia-Thailand Travel Club is expected to become a platform for tourism cooperation between the two countries.

Business in Russia
Russian company starts preparing documents for construction of power grid in Mongolia.

Russia’s Federal Grid Company (FGC), an affiliate of Rosseti holding, initiated preparation of a preliminary feasibility study for the Russia - Mongolia power bridge. Study results are scheduled to be discussed in the second quarter of 2018.

Business in Russia
Russia ready to supply rocket engines to Argentina.

Vladimir Putin said that domestic business was interested in projects in Argentina.

Business in Russia
Meeting with Ambassador of Malaysia to Russia.

Delegation of the Russian Business Council for Cooperation with Malaysia, headed by its Chairman, Mr. Vladimir Sautov, met with newly Appointed Ambassador Extraordinary and Plenipotentiary of Malaysia to Russia, H.E.Datuk Mat Dris Haji Yaacob.

News of Business Council
International Monetary Fund names Russia among sources of global GDP acceleration.

Current upswing in the global economy "furnishes an ideal moment to act on a range of multilateral challenges".

Business in Russia
Moscow Exchange may become a site for trading in cryptocurrencies.

According to a lawmaker, the Central Bank is now considering the Moscow Stock Exchange for those purposes.

Business in Russia