Gold prices fell short of USD1800 /oz on Friday and closed lower at USD1774 /oz. This week, the market is prone to make the technical correction and move down to USD1740 /oz. Hence, the overall range …
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Weekly Rubber Report – 8 Aug 2022
Market Fundamentals: Rubber prices performed badly last week following a slump in Crude oil. Inflation remains as a major concern as the Bank of England (BOE) raised its interest to 1.75 per cent. How…
Malaysia pledges to help India meet its demand for palm oil
Malaysia is prepared to meet India’s demand for palm oil in light of potentially inconsistent supply from Indonesia, plantation industries and commodities minister Zuraida Kamaruddin said today. “We w…
Bangladesh’s economic stability during global inflation and world appreciation
Due to the Ukraine-Russia war after the corona epidemic, the whole world is suffering from economic recession. In various countries of the world, the value of the currency is falling, inflation is inc…
US looking to assist the Philippines in clean energy transition
THE AMERICAN government is looking to provide assistance to the Philippines’ clean energy transition through the United States Trade and Development Agency (USTDA), the US Embassy said in a statement …
Malaysia-based graphite and graphene producer Graphjet aims to list on the NASDAQ with a $1.5 billion valuation
Malaysia-based Graphjet Technology aims to list on the NASDAQ, with a projected valuation of $1.49 billion. The company has signed an agreement with Energem Corp (NASDAQ: ENCP), a special-purpose acqu…
Asean Today – Aug 2022
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Philippines is ramping up its digital finance infrastructure
The Philippines is ready to ride the digital wave in the global economy, as the government has committed to build more digital finance infrastructure to ensure broad-based economic growth. According t…
2023 Investment Opportunities in Malaysia
Following where China has been spending and investing its Belt & Road Initiative capital can provide FDI clues and reveal new opportunities in recipient countries. As infrastructure builds start …
Indonesia runs road test for biodiesel with 40% palm oil
Indonesia on Wednesday launched road tests for two types of biodiesel containing 40% palm oil, hoping to conclude by the end of the year whether they are viable for public use, the energy ministry sai…