Word: palm
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...store, for example, that buys shirts and dresses from China can now use its local currency, the ringgit, to pay for its purchases. Because it no longer has to pay a bank a fee to convert ringgit into dollars, transaction costs are reduced. Similarly, a Chinese company buying Malaysian palm oil can make its purchases in yuan. (Read about the economies of South Korea, Taiwan, Hong Kong and Singapore...
...PALM BEACH Lilly Pulitzer's Boca tunic ($198) continues to dominate the preppy capital...
...once said. With pious intent, a faithful Muslim can conjure a mosque almost anywhere, transforming a desert sand dune, airport departure lounge or city pavement into a sacred space simply by stopping to pray. The first mosque was Muhammad's mud-brick house in Medina, where a portico of palm-tree branches provided shade for prayer and theological discussion. As the young religion spread, Arabs - and later Asians and Africans - developed their own ideas of what made a building a mosque. But that innovative spirit has slowed in recent decades, leaving most Islamic skylines dominated by the dome-and-minaret...
...deep-fried and topped with a cloyingly sweet, caramelized peppercorn sauce. Served with rice, it ought to be accompanied by Chinese water spinach, cooked in a chili-infused shrimp paste known as belachan. For dessert, go for the sago gula melaka, a mixture of boiled sago, warm coconut milk, palm sugar and shaved ice. The cost of an average dinner for two (without alcohol) is around $50, a modest tariff for food that is invariably sedap. That's Baba Malay for "delicious," and a word that will hopefully live for a long time...
...Support, though, is hard to come by in countries where unemployment is skyrocketing and competition for jobs fierce. Oil palm plantations in Malaysia, which involve intense toil under the hot sun, were once the exclusive province of migrant labor, but laid-off Malaysians like former factory worker Palani Kandasamy are turning to this sort of work. "The pay is lower, but it is impossible to live in the city without a job," he says. Kandasamy now harvests oil palm fruit in a plantation south of Kuala Lumpur...