Oil plunged over 20 percent Monday after top exporter Saudi Arabia launched a price war in response to a failure by leading producers to strike a deal to support energy markets. The two main contracts…
China-Myanmar pipeline grows in its appeal
There was no second-guessing why China’s President Xi Jinping made Myanmar his first stop in a visit earlier this year, even as coronavirus was mercilessly gripping his nation: China has never ceased …
Solar will turn vicious water-energy-climate cycle into virtuous loop
The International Water Management Institute is promoting the Solar Irrigation for Agricultural Resilience (SoLAR) initiative to expand the use of solar irrigation systems throughout Bangladesh, India…
Malaysia’s National Automotive Policy 2020: Salient Features
On February 21, 2020, Malaysia launched the National Automotive Policy 2020 (NAP 2020), which aims to propel the country to become a regional leader in automotive manufacturing. The policy is an enhan…
Officials inspect preparations for ASEAN summits in Da Nang
A delegation from ASEAN countries, New Zealand and the ASEAN 2020 National Committee on March 5 inspected preparations for the 36th ASEAN Summit and the ASEAN-New Zealand Commemorative Summit in Da Na…
Oil Tumbles as Wall Street Slumps, OPEC Preempts Russia on Cuts
Oil bulls can’t seem to catch a break, even with OPEC pledging once again to overdeliver. Crude prices tumbled 2% Thursday, with Brent finishing under the key $50-per-barrel mark, despite OPEC raising…
Việt Nam develops modern supply system for farm products
Việt Nam is working to develop a system of modern agricultural product supply centres to promote the consumption of farm produce, enhance food safety and hygiene, and improve the competitive edge of V…
Commodity Market Report – 2 Mar 2020
Gold prices had a big fall last week and retraced down USD124 range from USD1689 /oz tops. From the current situation, we are not looking for an immediate recovery in yellow metals while the resistanc…
Weekly RUBBER Report – 2 Mar 2020
Market Fundamentals: Major markets such as equities, currencies and commodities plunged simultaneously last week due to global risk of covid-19 pandemic spread. Rubber has been no exception as it foll…
Laos to boost power infrastructure
The Lao Ministry of Energy and Mines is implementing new measures and standards for dam safety in a bid to boost electricity sales to Laos’ foreign trading partners. The energy market is key for Laos …