Saudi Arabian minister of investment Khalid A Al-Faliah and minister of economy and planning Faisal Alibrahim recently met Prime Minister Sheikh Hasina in Doha and offered to invest in various sectors…
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Commodity Market Report – 29 May 2023
Gold prices waned in demand as greenback rose last week. Technically, we predict the trend will trade lower this week while contain from USD1920 – USD1960 /oz region. Traders are advised to be patient…
Weekly Rubber Report – 29 May 2023
Market Fundamentals: Dollar Index (USDX) rose further and closed above 104.00 level on Friday. General commodity prices waned last week as the X-date of U.S. debt ceiling has triggered fear of debt de…
Vietnam unveils $135bn power plan for 2030
Vietnam’s prime minister has approved a national electricity development master plan for 2021-30, which aims to develop new power plants and grids, and encourage more renewable energy use in a m…
IMF: Sri Lanka’s crisis-hit economy likely to resume growth in 2024 after contracting 3% this year
Sri Lanka’s crisis-hit economy is expected to resume growing in 2024 after contracting 3% this year, an International Monetary Fund official said Monday. Krishna Srinivasan, the IMF’s director for Asi…
Binance Academy holds first leg of educational drive in PH
Binance Academy, the educational platform of the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has recently concluded the first leg of its Southeast Asia University …
Malaysia says committed to raising palm oil biodiesel mandate
Malaysia is committed to progressively raising its biodiesel mandate, its commodities minister said at a meeting with global palm oil producers on Wednesday. The world largest palm oil producers Indon…
Cycling oil palm biomass waste back into the soil can boost soil health, study says
A new study recommends returning oil palm biomass to planting areas to maintain soil health — specifically, by replenishing the soil with silicon. The research was published in April by a team of scie…
Palm oil is not the problem you think it is ― Jo Furnival
There have been growing concerns over the so-called “palm oil problem.” As one of the biggest agricultural commodities in South-east Asia, in particular for Indonesia and Malaysia, the EU’s new anti-d…
UAE, Saudi, India railway: US reveals new initiative to create major rail network
Jake Sullivan, United States National Security Advisor, met with Mohammed bin Salman, Saudi Prime Minister and Crown Prince; Sheikh Tahnoon bin Zayed Al Nahyan, UAE National Security Advisor and Ajit …