A rubber farmer, who benefited from the Rubber Development Program of the North Cotabato provincial government, is bringing hope to more farmers to increase production using a new technology and good …
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Sharia investment start-up aims for Malaysia, India expansion
There are 172 million Muslims in India — roughly equivalent to 10 per cent of the world’s entire Muslim population — and yet there isn’t one Islamic bank. Junaid Wahedna thought that was strange. So, …
Top rubber producers say to curb exports by up to 300,000 T
The world’s top producers of natural rubber on Friday said in a joint statement that they would curb exports by up to 300,000 tonnes, in a bid to prop up global prices for the commodity. The curb, for…
Can ‘Big Brother’ technology clean up palm oil’s image?
Some of the world’s major palm oil users, including Nestle, Unilever, and Mondelez, are trying out new satellite technology to track deforestation, as pressure grows on them to source the ingred…
U.S. shale oil output to hit record 8.4 million bpd in March: EIA
U.S. oil output from seven major shale formations is expected to rise 84,000 barrels per day (bpd) in March to a record of about 8.4 million bpd, the U.S. Energy Information Administration said in a m…
WTO warns of global trade slowdown as indicator hits nine-year low
A quarterly leading indicator of world merchandise trade slumped to its lowest reading in nine years on Tuesday, which should put policymakers on guard for a sharper slowdown if trade tensions continu…
World Bank commends the progress of Sri Lanka poverty alleviation programs
The World Bank has commended the progress achieved in the programs launched by Sri Lanka to alleviate poverty among rural masses. World Bank Vice President South Asia Region Dr. Hartwig Schafer, who w…
Nepal on the right path to development: Idah Pswarayi-Riddihough
Speaking at the inaugural ceremony of the Kantipur Conclave that kicked off in Kathmandu on Sunday, Idah Pswarayi-Riddihough, World Bank’s country director for Nepal, Sri Lanka and Maldives, said that…
US businesses eye investment opportunities in Myanmar
US investors are showing interest in Myanmar following recent efforts to open up and regulate several sectors of the economy, such as banking and finance, and education. Last Thursday, US Ambassador t…
Saudi Arabia’s crown prince begins Asia tour, pledges investment worth $20 billion in Pakistan
Crown Prince Mohammed bin Salman on Sunday said Saudi Arabia has signed investment agreements worth $20 billion during his high-profile visit to Pakistan, where tensions were flaring up with nuclear-a…