Malaysian rubber glove manufacturers will step up production as the Covid-19 pandemic rages across the world, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA). In a statement…
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Philippines seen achieving upper middle-income status this year despite COVID-19
Despite projections of slower domestic growth in 2020 as the COVID-19 pandemic takes its toll on the global economy, there’s no stopping the Philippines to climb to upper middle-income country status …
Commodity Market Report – 16 Mar 2020
Gold prices fizzled out from 8-year high at USD1703 /oz and plunged USD190 range. This week, we predict the market will swing erratically while contain from USD1500 – USD1600 /oz range. Traders are re…
Weekly RUBBER Report – 16 Mar 2020
Market Fundamentals: Since February, Dow market has fallen 28 percent from record high 29,568 due to the public anxiety and widespread of covid-19 pandemic. Domino effect has toppled the market of co…
Cambodia commits to deliver at ASEM13
Cambodia will host the 13th Asia-Europe Meeting (ASEM) on Nov 16-17in Phnom Penh under the theme “Strengthening Multilateralism for Shared Growth”. The summit will be the country’s biggest, historic i…
Dollar weakens after another surprise Fed rate cut
The dollar fell against a broad range of currencies on Monday after the U.S. Federal Reserve made another surprise interest rate cut and major central banks took steps to relieve a shortage of dollars…
World Economic Forum Convenes Global Business for COVID Action Platform
The dramatic spread of COVID-19 has disrupted lives, livelihoods, communities and businesses worldwide. But the sum of many individual actions by stakeholders around the world will not add up to a suf…
Malaysia aims to resolve palm oil spat with India within a month
Malaysia has set itself a target of a month within which to resolve its trade dispute with India over palm oil, the southeast Asian nation’s new commodities minister said on Wednesday. The deadline fo…
Visit Nepal 2020: Treehouses Attract Tourists
Amid the drastic drop in tourist arrivals in Nepal over coronavirus threat, Subha Gantabya Resort in Dharan has managed to outclass the contagion. The resort with treehouses and innovative dining spac…
Singapore’s government commits to helping the gig economy stay afloat amidst the coronavirus outbreak
Without legal protections, Singapore’s 200,000 gig economy workers are at the forefront of the economic fallout from coronavirus. Reduced public demand leaves gig workers with reduced earnings and if …