The existing balance of risks suggests the possibility of a faster transition from moderately tight to neutral monetary policy.

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.

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

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. 

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

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.

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

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.

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