This can be gleaned from the statement of Ambassador Ilan Fluss of Israel following his courtesy call to President-elect Bongbong Marcos on Monday, June 13 a the BBM headquarters in Mandaluyong City. …
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Best time to come back to traveling with the biggest tourism event
As the local Covid-19 situation appears to be calming down, the Philippines’ domestic tourism market is more likely to help the industry recover. From months of lockdown and with travel restrictions b…
Asean Today – June 2022
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Commodity Market Report – 13 Jun 2022
Gold prices reversed up from USD1840 /oz on Friday and sent a strong signal on rising. This week, we forecast the trend will sit firmly on USD1850 /oz support and surge further. The initial range will…
Weekly Rubber Report – 13 Jun 2022
Market Fundamentals: Global inflation has triggered a price rise in general commodities including rubber. However, Dollar Index (USDX) is extending its’ gain and the market reached above the 104…
Nepal starts exporting 364 MW electricity to India through power exchange market
Nepal has started exporting the total approved 364 MW of electricity to India through its power exchange market. Buoyed by continuous rainfall this year, the Himalayan nation is exporting surplus elec…
Indonesia eases export rules further to ‘flush out’ palm oil stocks
Indonesia is further easing rules to allow more companies to export palm oil, an official said on Friday, aiming to ease bottlenecks and swelling inventories caused by an export ban and regulatory cha…
Bangladesh to invest $80 billion to be climate resilient by 2030
The government is planning to invest $80 billion to shift the country from climate-vulnerable to a sustainable climate-resilient country under Mujib Climate Prosperity Plan (MCPP) by 2030, Finance Min…
Why more European firms are choosing Vietnam over China
A combination of geopolitical tensions and higher costs are pushing large firms to look for alternative production sites. Vietnam’s strong economic performance in recent years has drawn the atte…
Vietnam invests over 815 million USD in hydropower, mining in Lao province
Vietnam has invested over 815 million USD in hydropower and mining projects in Laos’s Attapeu province, the Vientiane Times reported on June 9. Director of the provincial Energy and Mines Department V…