On December 15, a miner at a potash mine in Laos made a video call on a wireless network from 300 meters underground using his smartphone. The milestone, a first for Southeast Asia, took place at the …
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Mistry Predicts a Jump in Palm Oil on Indonesian Biofuel Mandate
Indonesia’s mandate to use more palm oil for producing biofuels and lower reserves in Malaysia will continue to support the tropical oil in the coming months, according to veteran trader Dorab Mistry.…
Malaysia attracts nearly 44 billion USD in investment in first nine months of 2022
Malaysia has attracted a total 193.7 RM (nearly 44 billion USD) worth of approved investment from January to September this year, up a 2.5% increase compared to the same period last year, according to…
G7 nations to provide Vietnam with $15.5 bln to cut coal use
The Group of Seven (G7) industrialised nations will provide $15.5 billion to help Vietnam transition away from coal, the British foreign office said on Wednesday. The deal, previously reported by Reut…
ADB signs €10.8 mn facility agreement with a Bangladeshi firm
The Asian Development Bank (ADB) has signed a €10.8 million ($11.2 million) facility agreement with Bangladeshi manufacturer of fashion denim Envoy Textiles Limited to support and finance the purchase…
Are we food-secure enough to weather global food crisis?
By WILLIAM S. CO, chairman, Philippine Chamber of Commerce and Industry Recently, I was invited as a panelist to a forum on boosting the Philippine agriculture sector and ensuring food security. As so…
As Indian rubber turns 120, northeast witnesses planting boom
In 2017, two companies partly owned by rubber farmers in rural Kerala exported sheets of natural rubber to a manufacturing company in São Paulo, Brazil’s commercial capital. In money terms, it was a l…
UAE remittances: Pakistan, India, Philippines, Qatar major recipients in 2022
Remittances from the UAE have seen very healthy double-digit growth in 2022 to traditional markets such as the Indian subcontinent and Africa due to the dirham’s appreciation against foreign currencie…
Bangladesh Economy: Strong Points And Red Flags – Analysis
An Overview The Bangladesh economy is one of the finest examples of a remarkable development story characterised by a ‘model of poverty reduction,’ while transforming into one of the fastest-growing e…
Indonesia may start using B35 biodiesel from Jan 2023 – energy ministry
Indonesia may start implementing a programme to use biodiesel with 35% blend of palm oil-based fuel, known as B35, from January, 2023, a senior energy ministry official said on Friday. Currently the w…