Gold prices broke above USD1930 /oz last week and might have ended the sideways correction. This way, we project strong support will arise at USD1900 – USD1920 /oz in case of drawdown. Technically spe…
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Weekly Rubber Report – 9 Nov 2020
Market Fundamentals: Rubber prices traded sideways last week after falling off 3-year highs. Dollar Index (USDX) dived from 94.00 level and closed at 92.25 on Friday. Investors are still waiting anxio…
Philippines: Local tourism efforts shining through
The deepest principle in human nature is the craving to be appreciated. —William James Good news for all of us still locked up in our homes and raring to visit our favorite local vacation spots! The P…
Bangladesh to cultivate more biofortified crops
Bangladesh has initiated to increase the production of bio-fortified crops aiming to reduce nutrient deficiencies of the people. Industries minister Nurul Majid Mahmud Humayun told a virtual global su…
Myanmar secures energy supply with new 16MW gas power plant
In the Southeast Asian nation of Myanmar, a 16MW gas-powered plant has been installed to ensure reliable energy supply. The construction of the plant in Dawei follows the government of Myanmar awardin…
Laos to improve business climate to attract more investors
The Lao government has pledged to remove barriers and further improve the business climate in a bid to attract more investment from Laos and foreign countries. The government intended to address econo…
Philippines: Surging online economy
A recent regional survey of online shopping behavior shows interesting trends that can help private companies and even the government, specifically its tax-collection agencies, plan strategies. The bu…
Asean Today – Oct 2020
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Philippines: Gov’t wants more investments in renewable energy
The Philippines wants to entice more “green” energy investments as it aims to bounce back from the pandemic-induced recession while fighting climate risks and enhancing disaster resilience, President …
ASEAN Sustainable Tourism Solutions Expo opens next week
The annual ASEAN Sustainable Tourism Solutions Expo (ASTSE) will go online this year, kicking off on November 5 with a two-day free-to-access programme. Usually hosted in Laos, the event is recognised…