Gold prices reached USD1900 /oz as we predicted last week. The Ukrainian war tension pushes strong demand into yellow metal and might continue this week. Technically, we foresee the range will be cont…
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Weekly Rubber Report – 21 Feb 2022
Market Fundamentals: Global inflation has lifted many major commodities prices including rubber. The recent weakening Dollar has helped to support the price escalation of energies and metal markets. T…
Nepal Adopts India’s UPI Payments System to Boost its Digital Economy
Nepal will become the first country beyond India to utilize India’s unified payments interface (UPI) system, a key step in transforming that nation’s digital economy, according to a report Friday (Feb…
Philippines to allow 100% foreign ownership in further infrastructure sectors
The Congress of the Philippines has ratified a bill to amend the Public Service Act (PSA) to allow up to 100% foreign ownership in the telecommunications, airlines and railways sectors. Under the revi…
Malaysian palm oil all set for the big push into the UAE market
The Malaysian Palm Oil Council (MPOC), has launched its ‘Malaysian Palm Oil Full of Goodness’ consumer campaign at the LuLu Hypermarket located at the Dubai Silicon Oasis in its effort to drive the gr…
India cuts tax on crude palm oil imports to help consumers, refiners
India has cut its tax on crude palm oil (CPO) imports to 5% from 7.5%, the government said in a notification, as the world’s biggest edible oil importer tries to rein in local prices of the comm…
The need to establish a regional carbon market in Southeast Asia
As the second-largest open market in the world, carbon market could be the last chance that ASEAN does not want to miss to obtain international financing. Since developing countries could no longer re…
Commodity Market Report – 14 Feb 2022
Gold prices spiked on Friday after Ukraine tension hiked. Market soared to 12-week high at USD1858 /oz following the Crude prices jumped. This week, we reckon the trend needs to stay above USD1840 /oz…
Weekly RUBBER Report – 14 Feb 2022
Market Fundamentals: The sudden rise in Crude prices on Friday due to Ukraine tension might suppress the Dollar for this coming week. Global inflation has slipped into commodity demand and is likely t…
Digitalization trend – the lever of Vietnam’s growth
The advantage of the “golden” population In a recent article on Eastspring.com, Vietnam is known for its “golden” population. Of which, nearly 56 percent of the population are …