India, the world’s top importer of vegetable oil, will have to spend billions of extra dollars this year to buy more costly cooking oil from overseas and is mulling cutting taxes on those import…
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Digitial path to social buffers in Nepal
Worldwide, the impact of Covid-19 underscores the need for more social security buffers built upon the access to four basic services: affordable credit, reliable saving and pensions options, life and …
Offshore wind ‘could deliver 12% of Vietnamese power’
Offshore wind has the potential to supply 12% of Vietnam’s electricity by 2035, according to a new World Bank Group report. The roadmap, prepared by BVG Associates, provides strategic analysis o…
The Global Economy: on Track for Strong but Uneven Growth as COVID-19 Still Weighs
A year and a half since the onset of the COVID-19 pandemic, the global economy is poised to stage its most robust post-recession recovery in 80 years in 2021. But the rebound is expected to be uneven …
WTO to Review Malaysia-EU Palm Oil Spat. What Happens Next?
In May, the World Trade Organization (WTO) agreed to review a trade dispute between Malaysia and the European Union. The case, which was initially filed in January, is based on an EU directive that bi…
Vietnam: the world’s woodwork factory
Last year, thanks to its shift to “online sales” and changes in product structure that was in line with consumer trends in the world in the time of the Covid-19 pandemic, Duc Thanh Woodwor…
Asean Today – May 2021
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Adopting sustainable tourism for the environment
In celebration of World Environment Day 2021 on June 5, the Department of Tourism (DOT) urged hotels and resorts to become DOT-accredited to receive assistance in its rapid adoption of sustainable pra…
Bangladesh goes from basket case to rising star
May 25 was a historic day for the small South Asian country of Bangladesh, when its central bank approved a $200 million currency swap facility for the nearby island economy of Sri Lanka. Last month, …
Virginia Tech Research Explores Climate Change and the Future of Food in Nepal
When you think of Nepal, you might imagine people climbing Mount Everest, the world’s highest mountain above sea level. However, people aren’t the only ones scaling the vast and varied elevations of t…