Oil prices edged down on Thursday but were holding well above $50 per barrel in light holiday trade as a drop in U.S. stockpiles spurred demand hopes, while hints of an imminent Brexit deal underpinne…
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Brexit deal anticipation fuels stocks and sterling
Stocks rallied and the British pound gained on Thursday as Britain and the European Union closed in on a free trade deal and investors wagered on a global economic recovery. Britain and the EU were ha…
Renewables offer savings for Philippine small islands
Shifting to renewables in small islands and isolated areas can provide cheap, reliable energy to more than half of the Philippine population or around 50 million people, says a new report by the US-ba…
PM Muhyiddin announces six-prong plan to revive Malaysia’s tourism, create special investment zones
The National Tourism Policy (DPN) 2020-2030 launched by Prime Minister Tan Sri Muhyiddin Yassin today aims to restore and preserve the country’s tourism industry to once again make Malaysia a preferre…
Nepal, World Bank sign Rs 9.3 billion project to bolster agriculture
The Government of Nepal and the World Bank have signed a $80 million (around NPR 9.3 billion) project to bolster Nepal’s agriculture sector by strengthening rural market linkages and promoting entrepr…
Technology and open collaboration key to addressing financial inclusion in SEA
While increasing financial inclusion has long been an aspirational goal for many organisations and governments in developing nations, the economic damage wrought by Covid-19 has made it a more urgent …
Commodity Market Report – 21 Dec 2020
Gold prices traded higher as Dollar softened last week. This week, we reckon the resistance will emerge at USD1900 /oz area. The overall range will be contained from USD1840 – USD1900 /oz while trader…
Weekly Rubber Report – 21 Dec 2020
Market Fundamentals: Rubber prices traded higher last week as Dollar Index (USDX) weakened below 90.00 benchmarks. WTI Crude prices recover to near USD50.00 /barrel level that was last seen in Februar…
Oil prices fall amid worries over new coronavirus strain
Oil prices slid in early trade on Monday as a fast-spreading new coronavirus strain in the United Kingdom raised concerns that tighter restrictions there and in other European countries could stall a …
Siemens Energy’s digital transmission technology enables push for wind energy in Vietnam
Siemens Energy has been awarded a contract by Technology Resources Energy (TRE) to equip two onshore wind farms in Vietnam with Sensproducts, digitally enhanced transmission equipment. The two wind fa…