“Today is the first day Chinese tour groups are returning to our country after a three-year hiccup due to COVID-19 travel restrictions. We are so eager to welcome them and consider this a festiv…
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IMF to approve $2.9 bn bailout package for Sri Lanka: Central bank governor
Sri Lankan central bank governor Nandalal Weerasinghe told media on Sunday that the country’s “dollar crisis” is over, as the IMF is set to approve a $2.9 billion bailout package for…
Philippines: ‘Gold rush’ in renewable energy projects
Law allows 100% foreign ownership of green power generation projects This poses a threat to the country’s energy security. Yet it also creates a fresh opportunity — to grow the multi-billion-dol…
Bilateral trade in rupee to gather pace soon
India’s foreign exchange reserves fell $2.4 billion to $560 billion for the week ended March 10, their lowest since early December. trade, economy The RBI has allowed invoicing and payments for intern…
Malaysia looks east to Korea for future economic growth
Malaysia is one of the Southeast Asian countries that turned its gaze toward the East earlier than its neighbors. It has celebrated the 40th anniversary of its Look East Policy (LEP), which aimed to g…
Investment opportunities available amid foreign banking turmoil: Analysts
While the recent bankruptcies in the international banking sector have raised concerns, not all banks are exposed to the same risks, and well-managed institutions may be unfairly punished by the marke…
Cambodia closer to renewable electricity exports to Singapore
Royal Group Power Co Ltd (RGP) – a subsidiary of locally-owned conglomerate Royal Group of Companies Ltd (RGC) – and Singapore’s Keppel Energy Pte Ltd (KE) have entered into a Power Purchase and Expor…
Commodity Market Report – 20 Mar 2023
Gold prices shot up last week due to flight of fund into safe haven. The bulls broke above USD1960 /oz on Friday and took traders by many surprises. This week, we forecast the trend will encounter pro…
Weekly Rubber Report – 20 Mar 2023
Market Fundamentals: Rubber prices weighed lower last week following the decline in Crude demand. The turmoil of financial market in U.S. banking crisis has spread to European continent and alerted th…
PM Hasina seeks more energy from Qatar
The premier also said Bangladesh is setting up 100 economic zones and different countries are making investment there Prime Minister Sheikh Hasina on Sunday sought increased energy particularly Liquef…