Since its inception for commercial purpose in early 1900s, palm oil has been promoted as a major agro-based industry in Southeast Asian economies like Indonesia, Malaysia, and Thailand. As the world m…
How Bangladesh became Standout Star in South Asia Amidst Covid-19
Bangladesh, the shining model of development in South Asia, becomes everyone’s economic darling amidst Covid-19. The per capita income of Bangladesh in the fiscal year 2020-21 is higher than that of m…
How nature tourism can help drive a green COVID-19 recovery
Most countries have yet to make much progress on greening their COVID-19 stimulus packages – but World Bank researchers say investing in eco-tourism and nature conservation could play a pivotal …
Nepal tourism industry may take 2 years to return to the pre-Covid-19 status: Govt
The government has estimated that it will take two years for the country’s tourism industry to return to its pre-Covid-19 status even if the pandemic impacts are to subside immediately. A projection l…
Laos to sell Vietnam its wind power with help from Mitsubishi
Japanese trading conglomerate Mitsubishi Corporation will develop a massive onshore wind farm in Laos that will supply electricity to power-hungry Vietnam. The facility will have power generation capa…
Explainer: Why is India losing sleep over record high vegetable oil prices?
India, the world’s top importer of vegetable oil, will have to spend billions of extra dollars this year to buy more costly cooking oil from overseas and is mulling cutting taxes on those import…
Digitial path to social buffers in Nepal
Worldwide, the impact of Covid-19 underscores the need for more social security buffers built upon the access to four basic services: affordable credit, reliable saving and pensions options, life and …
Offshore wind ‘could deliver 12% of Vietnamese power’
Offshore wind has the potential to supply 12% of Vietnam’s electricity by 2035, according to a new World Bank Group report. The roadmap, prepared by BVG Associates, provides strategic analysis o…
The Global Economy: on Track for Strong but Uneven Growth as COVID-19 Still Weighs
A year and a half since the onset of the COVID-19 pandemic, the global economy is poised to stage its most robust post-recession recovery in 80 years in 2021. But the rebound is expected to be uneven …
WTO to Review Malaysia-EU Palm Oil Spat. What Happens Next?
In May, the World Trade Organization (WTO) agreed to review a trade dispute between Malaysia and the European Union. The case, which was initially filed in January, is based on an EU directive that bi…