The Philippine tourism industry is seen to rebound toward pre-pandemic activity this year driven by the expected influx of Chinese tourists, a report by MUFG Bank Ltd. stated. In its ASEAN tourism out…
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Inside the world of Nepal’s misunderstood Sherpas
Buddhist monk Ngawang Gombu Sherpa sits by the window and closes his eyes, thinking. The sun barely makes it inside his home, a stone and wood structure in the village of Kurima, deep in the forested …
Sikkim: Nirmala Sitharaman applauds the people for driving organic farming revolution
Union Finance Minister Nirmala Sitharaman applauded the people of Sikkim for driving the organic farming revolution. She applauded how the State has risen beyond its attraction to trigger tourism and …
Malaysia’s top palm oil producer warns El Nino may hit output
Malaysia’s palm oil output in 2023 could be lower than expected if El Nino weather pattern develops in the second half of the year as forecast by some weather agencies, the country’s bigge…
Modern economy based on greed is unsustainable: Nobel Laureate Muhummad Yunus
Nobel laureate and Bangladeshi economist Muhammad Yunus believes that global warming and the concentration of wealth among the few are creating a ‘greed-based’ economic system. He said the econo…
Myanmar Crisis and the Fate of ASEAN
Myanmar has seen the worst humanitarian crisis following the power grab by the country’s Junta in 2021. The international community must not turn a blind eye towards the suffering populace of this con…
Commodity Market Report – 13 Mar 2023
Gold prices bounced off USD1810 /oz support last week. This week, we reckon the trend will climb higher and trade from USD1850 – USD1900 /oz region. Small correction in Dollar is expected which will p…
Weekly Rubber Report – 13 Mar 2023
Market Fundamentals: Crude prices weighed down Rubber demand last week. The U.S. nonfarm payroll added 311,000 jobs and surpassed the estimate. Last week, the collapse of Silvergate crypto-banks Silic…
Asean Today – Feb 2023
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US details US$6 billion in pledges for climate, ocean investments
THE US State Department on Friday (Mar 3) gave details on US$6 billion in funding commitments around the world to protect oceans and fight climate change. The amount was first announced Thursday by Wa…