The Nepali government has decided to allow foreign direct investment (FDI) in the primary agriculture production with certain restrictions, an official of Nepal’s Ministry of Industry, Commerce …
Agriculture
Nepal, World Bank sign Rs 9.3 billion project to bolster agriculture
The Government of Nepal and the World Bank have signed a $80 million (around NPR 9.3 billion) project to bolster Nepal’s agriculture sector by strengthening rural market linkages and promoting entrepr…
Commodity Market Report – 21 Dec 2020
Gold prices traded higher as Dollar softened last week. This week, we reckon the resistance will emerge at USD1900 /oz area. The overall range will be contained from USD1840 – USD1900 /oz while trader…
Weekly Rubber Report – 21 Dec 2020
Market Fundamentals: Rubber prices traded higher last week as Dollar Index (USDX) weakened below 90.00 benchmarks. WTI Crude prices recover to near USD50.00 /barrel level that was last seen in Februar…
Politics, not science, key to easing EU palm oil restrictions, says expert
Politics is the key to overcoming the European Union’s (EU) continued opposition to palm oil not scientific facts. Speaking at the virtual Future-Proofed Palm Oil forum, Khalil Manaf Hegarty, director…
Commodity Market Report – 14 Dec 2020
Gold prices will depend on the FOMC meeting outcome on deciding the fiscal stimulus in the coming week. Technically, we reckon the market will hover at USD1810 /oz region when there is no direction on…
Weekly Rubber Report – 14 Dec 2020
Market Fundamentals: Last week, rubber prices fell in wake of profit-taking and resurging impact from covid-19 slowdown. So far, the new fiscal stimulus has yet to be approved by U.S. Congress while B…
Ups and downs of rubber, pepper & cocoa industry
The rubber, pepper and cocoa industry in Malaysia is not isolated from the effects of the Covid-19 pandemic which triggered not only supply problems, but also demand, coupled with the labour shortage …
Vietnam could grow key ingredients for plant-based meat
Vietnam already has a well-deserved reputation as an agricultural powerhouse, but a recent public shift towards healthier and more sustainable meat alternatives—which has accelerated amid the Covid-19…
Commodity Market Report – 7 Dec 2020
Gold prices bounced off USD1770 /oz last week as Dollar devalued. The yellow metal has been quickly supported by market demand and returned to USD1840 /oz region. This week, we reckon the market movem…