As we wrote in May, Vietnam has become a surprising solar power champion in the past year. Well, it shot into the role in December 2020. And it seems that it’s happy to keep going. Recent news is that…
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Malaysia’s Carsome Reaches $1.3 Billion Valuation In Funding Round From MediaTek And Others
Carsome Group, an online platform for buying and selling used cars, said on Wednesday that it had become Malaysia’s largest tech unicorn after a $170 million funding round boosted its valuation to $1.…
Commodity Market Report – 30 Aug 2021
Gold prices broke up above USD1800 /oz after FED chair Powell said the rate hike is not imminent. This week, we reckon the trend will be contained from USD1800 – USD1840 /oz and is expected to be in m…
Weekly Rubber Report – 30 Aug 2021
Market Fundamentals: Commodity rubber traded sluggishly last week though precious metals and energy crude have strengthened amid the weakening Dollar. Federal Reserve Chairman Jerome Powell indicates …
Vietnam business news august 29
Vietnamese firms invested US$575 million abroad over the last eight months of 2021, a year-on-year increase of 74.1 percent, according to the Ministry of Planning and Investment. The above figure incl…
Nepal-Malaysia to work together for tourism promotion
Nepal and Malaysia have expressed their readiness to work together for the promotion of tourism in both countries. Nepal Tourism Board and Malaysian Embassy in Kathmandu held a meeting for the purpose…
This Southeast Asian country’s COVID surge may worsen the car chip shortage
The Southeast Asian country hasn’t historically had the kind of importance to technology supply chains that Taiwan, South Korea or Japan do. But in recent years, Malaysia emerged as a major center for…
Commodity Market Report – 23 Aug 2021
Gold prices traded in a narrow range below USD1800 /oz last week but stayed above USD1770 /oz support. The market will be contained in this region while waiting for more fundamentals to provide a clue…
Weekly Rubber Report – 23 Aug 2021
Market Fundamentals: Dollar Index (USDX) revisited to above 93.00 level last week after U.S. Federal Reserve released minutes on tapering program before year-end. However, general commodity prices hav…
China’s ‘capitalism’ came in tiny steps, expert tells Sri Lanka forum
China’s transition to a market economy was not the result of a one blue print but a series of tiny changes the allowed individuals at grass roots levels to make their decisions, an author and an exper…