Bangladesh is expected to grow robustly in 2019 and 2020 riding on domestic consumption and strong remittance earnings, said the Asian Development Bank yesterday as it kept the growth outlook for the …
Demand for palm-oil to stay healthy, Malaysian inventory to trend downward
Demand for palm-oil has been projected by Affin Hwang Investment Bank Bhd (AffinHwang Capital) to stay healthy while Malaysian palm-oil inventory is set to trend downward. AffinHwang Capital recapped …
Commodity Market Report – 2 Dec 2019
Gold prices have been trading in narrow sideways trend and exhibited a recovery on Friday. This week, the trend might move into a recovery while Dollar weakens. Yellow metal is prone to climb higher b…
Weekly RUBBER Report – 2 Dec 2019
Market Fundamentals: The Dollar Index (USDX) behaved firm last week but topped off 98.50 level on Friday. Rubber prices have been submerging last week but prone to recover in coming week. The meeting …
Ayala to invest $1 B for energy projects
The energy investment platform of the Ayala Group will be investing $1 billion next year across five power markets that will include the Philippines, Vietnam, Australia, India and Myanmar. The capital…
Malaysia: At the top of the Islamic digital world
For years, Malaysia has seen huge contributions to its GDP come from its burgeoning digital economy, with a prediction that 21% of the nation’s GDP will be digitalized against the current level of 18%…
Singapore set to become world’s first sustainable palm oil nation
Singapore could become the world’s first country to only use sustainable palm oil as part of a green push to tackle forest fires and air pollution blighting Southeast Asia. Palm oil is the world’s mos…
Why Did India Suddenly Pull Out of the World’s Largest Trade Deal?
After seven long years of talks, leaders of 15 Asia-Pacific nations finally reached an agreement on the world’s largest trade deal, the Regional Comprehensive Economic Partnership (RCEP), in Bangkok i…
Govt claims half of Myanmar households will have power by year-end
The Ministry of Electricity and Energy said half of the households would have electricity by the end of 2019; despite the chronic power shortages, the country faces due to increasing demand. U Thura A…
Trial run of Indian ships using Bangladeshi ports to begin in January
Bangladesh, India also agree to provide cruise ship passengers with on-arrival visas India will soon have access to Bangladeshi ports for movements of its cargo ships to and from India. The first tria…