Market Fundamentals: Rubber demand were extremely weak last week after being affected by Shanghai market. Trade war between U.S. and China has been major negativity despite Gold and Crude showed sligh…
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Myanmar and Lao to get infrastructure boost
Myanmar and Lao PDR look to be the biggest winners of an ASEAN plan to boost connectivity with a series of infrastructure projects. The regional bloc unveiled a list of 19 projects in the Initial Roll…
Kerala sets up own rubber products firm to prop price
The state government had earlier announced the plan to go for a CIAL-model (Cochin International Airport Limited) company, with state government agencies and NRI investors holding the main stakes. As …
India natural rubber production sees signs of revival
New Delhi: After facing months of negative phase, the local rubber production in India is about to witness a hike of about 4 per cent due to increase in farming area, says Rubber Board of India. Natur…
Malaysia’s newest industrial park draws Japanese investment
A government-backed industrial park meant to raise the productivity of Malaysian manufacturing opened here Monday with new facilities for electronics maker Konica Minolta and port operator Kamigumi. T…
Vietnam’s e-commerce to surge in 2020
Vietnam’s e-commerce growth reached 30 percent last year, marking total retail revenue 8 billion U.S. dollars, and this figure is expected to surge to 13-15 billion U.S. dollars next year, accor…
Korean investors eye investment in renewable energy
Korean investors are keen to invest in renewable energy due to its potential and the incentives that Việt Nam has offered to foreign investors, an HSBC official has said. Speaking recently with Việt N…
Malaysia: More incentives in store for sustainable palm oil
The government is ready to dish out additional incentives to encourage oil palm planters to embrace the Malaysian Sustainable Palm Oil (MSPO) certification, which is aimed at boosting the crop’s profi…
Funds approved for hydro schemes in AIIB’s first investment in Nepal
The Asian Infrastructure Investment Bank (AIIB) has approved funding totaling almost US$92 million for hydropower projects and power distribution system upgrades in Nepal – the bank’s first investment…
Vietnam set for Asean’s fastest growth: report
Vietnam’s economy has been forecast to grow at around 6.7 per cent this year, the fastest rate in Asean, according to the UK Institute of Chartered Accountants’ Economic Insight report. The report sai…