Myanmar’s economy is expected to contract by 10 per cent this year, World Bank forecasts released on Friday show, as the Southeast Asian nation is convulsed by nationwide protests, strikes and sanctio…
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Malaysia ranked ‘2nd prefered country’ for foreign investment
MALAYSIA is ranked the “second most favourable country” for foreign investment in South-East Asia by European and US companies to establish or expand their sourcing, selling or operations over the nex…
Intra-regional tourism crucial for post-COVID-19 ASEAN tourism revival
Due to an abundance of low-cost connectivity and an increased preference for travel closer to home, intra-regional tourism will play a key role in revitalizing the ASEAN countries’ tourism economies. …
World palm oil production to rebound, Malaysian output to decline 500,000 tonnes, says commodity expert
The world production of palm oil is likely to rebound by 3.2 million tonnes in the October 2020-September 2021 season, while Malaysian production is expected to decline 500,000 tonnes, said Oil World …
U.S. green energy push sets global edible oils alight, raises food inflation fears
The United Nations’ vegetable oils price index has rallied 70% since last June to nine-year highs after labour shortages at Asian palm plantations and bad weather in key sunflower, rapeseed and soybea…
India, Bangladesh to sign economic pact over next five years: EIU
India and Bangladesh are expected to sign an economic partnership agreement over the next five years which will preserve trade rights for Bangladesh. According to the Economist Intelligence Unit, R…
Bangladesh launches $2 billion fund to finance port construction
This week the Government of Bangladesh announced plans to set up a US$2.0 billion fund from its foreign exchange reserve to finance port and power sector infrastructural projects. Bangladesh Prime Min…
Vietnam’s potential of biomass energy
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Vietnam successfully clones pigs for first time
Four healthy pigs were born on March 10 using somatic cell nuclear transfer technology. Visiting the National Institute of Animal Sciences on March 14, Minister of Agriculture and Rural Development Ng…
Tripura begins rubber export to Nepal
The trade of naturalrubber between Tripura and Nepal waslaunched yesterday here with the movementof first consignment of rubber to EasternNepal. The Rubber Board officials here along withDirector Indu…