Lao’s government has vowed to diversify its sources of energy by developing solar, wind power and coal-fired power plants to address the electricity shortage in the dry season. These developments will…
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PH, New Zealand to continue cooperation on geothermal energy
The Philippines and New Zealand will continue to explore cooperation on geothermal energy. This as Department of Energy (DOE) Secretary Alfonso Cusi and New Zealand Ambassador to the Philippines Peter…
Indonesia secures US$44.6 billion investment commitments from UAE
Indonesia has managed to secure US$44.6 billion investment commitments from the United Arab Emirates (UAE) during the visit of President Joko Widodo (jokowi) to the Arab country. The investment would …
Commodity Market Report – 8 Nov 2021
Gold prices crossed above USD1800 /oz again on Friday after the payroll surged above expectation. The expectation of inflation slipped into market sentiment and triggered a flight into Gold prices. Th…
Weekly Rubber Report – 8 Nov 2021
Market Fundamentals: Dollar Index (USDX) climbed above the 94.00 level last week and caused commodity prices to fall. The U.S. Federal Reserve has finally laid out a plan after FOMC for a long-awaited…
India signs up to COP26 action agenda on sustainable agriculture
India is among 27 countries to sign up to a sustainable agriculture action agenda at the conclusion of the first week of the COP26 climate summit in Glasgow, laying out new commitments to make farming…
$5.0b IFC investment portfolio likely for Bangladesh
The International Finance Corporation (IFC) plans to fortify its footprint in Bangladesh through extending its investment portfolio to nearly $5.0 billion in the next five years. “We want to ext…
Laos expects crypto mining to deliver these gains
One relatively more affordable place to mine Bitcoin in Asia (excluding China) is Laos, thanks to its hydroelectric potential and electricity prices. What’s more, the landlocked country with a populat…
Malaysia keen to invest in Bangladesh’s palm oil industry
Malaysia has expressed interest to invest in palm oil-centric industries in Bangladesh to diversify exports. This will indirectly and directly provide employment opportunities to many people and expan…
Switzerland confident palm-oil deal with Indonesia can help sustainability campaign
The Swiss government is confident that a landmark trade agreement with Indonesia, which allows the exportation of palm oil to the European country at a low tariff, can improve environmentally sustaina…