Plantation and commodities minister Fadillah Yusof slammed the European Union today for passing the EU Deforestation Regulation (EUDR), claiming that it was “unjust” to the palm oil industry in Malays…
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ACEN to build $1 billion wind project in Laos
This content was originally published by The Philippine Star following its editorial guidelines. Philstar.com hosts its content but has no editorial control over it. MANILA, Philippines — ACEN Corp. a…
Are India and Sri Lanka turning Trincomalee into major energy and industrial hub of South Asia?
The Sri Lankan government recently announced its decision to liberalise fuel trade in the country, allowing Sinopec (China), United Petroleum (Australia) and RM Parks (USA)- 3 leading fuel suppliers i…
Could an EU law to save the rainforest destroy palm oil farmers?
Malaysian palm oil farmer Reta Lajah is one of only a few in her village to be certified green and ethical, after a yearlong journey to join a global initiative that she hopes will help her navigate a…
Asian fintech rises above global investment dip
Fintech companies suffered a difficult period, globally, last year, as soaring inflation and rising interest rates prompted investors to pull back from the sector. Large parts of the industry strugg…
India’s progress can create new opportunities for Ugandan businesses: EAM Jaishankar
Jaishankar is on a two-nation visit to Uganda and Mozambique from April 10-15 to strengthen India’s strong bilateral ties with the two African countries Kampala: India’s progress and prosperity can cr…
What China’s RM 170 Billion Investment Commitment Means for Malaysia
During a recent trip to China, Malaysian Prime Minister Anwar Ibrahim announced that he had secured 19 memoranda of understanding from Chinese entities reflecting an investment commitment of RM 170 bi…
Commodity Market Report – 10 April 2023
Gold prices protruded above USD2030 /oz last week but fell before weekend. This week, the market is prone to encounter some profit-taking as Dollar may gain higher. Once the USD2000 /oz support gives …
Weekly Rubber Report – 10 April 2023
Market Fundamentals: Commodity prices rose last week led by Gold and Crude demands. Unfortunately, Rubber prices traded in weak pattern as we forecast. This week, the Dollar (USDX) will be prone to re…
Sri Lanka’s economy to contract before recovery in 2024 – ADB
The Asian Development Bank’s (ADB) annual flagship economic publication, the Asian Development Outlook (ADO) April 2023, forecasts Sri Lanka’s economy to contract further in 2023 before it begins a gr…