Gold spot prices crawled up last week but remained in modesty. This week, we forecast the market will thread within USD2920 – USD2960 /oz initially. However, the market carries a potential in piercing…
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Weekly Rubber Report – 24 Feb 2025
Market Fundamentals: Rubber prices remained steady as the U.S. Dollar Index (USDX) was on the verge of devaluation. However, the TOCOM Rubber has begun to stagnate and trigger a spread ratio between t…
China durian imports hit record-high as Vietnam, Malaysia battle Thailand for market share
This marked a 4.1% increase in value from 2023 while import volume rose 9.4% to 15.6 billion kilograms (15.6 million tons) in 2024, the South China Morning Post reported. Of those, Thailand accounted …
Investor sentiment likely to improve as Philippines is removed from ‘gray list’
THE PHILIPPINES’ exit from the Financial Action Task Force’s (FATF) “gray list” is seen to improve investor sentiment, but analysts noted that continued reforms are necessary to sustain progress. The …
US grants for two key Nepal infrastructure projects suspended after Trump order
Two major infrastructure projects in Nepal funded by the US have been put on hold after President Donald Trump suspended all foreign development assistance, a government official said on Thursday (Feb…
Malaysia’s economy ends 2024 on high note amid strong investment, domestic spending
Malaysia’s economy grew faster than expected in the fourth quarter of 2024 amid strong domestic demand and a recovery in exports, the central bank said on Friday, as it expects investment activi…
Malaysia’s Johor-Singapore SEZ gets US$150 million boost from Hong Kong battery maker
UOB Malaysia CEO Ng Wei Wei told the media that Asean was a bright spot for trade diversification in light of the tariffs imposed by US President Donald Trump’s administration and global uncertainties…
Indonesia’s conducting studies to implement 50% biodiesel blend in 2026
Indonesia is studying the implementation of a biodiesel blend that contains 50% palm oil in 2026, and is also looking at a 3% blend for jet fuel next year, energy ministry official Eniya Listiani Dewi…
In Cambodia, ‘rice is life’ and pride of the kingdom, but facing increasing threats
Agriculture is a vital part of Cambodia’s cultural, social and economic tapestry. Although its share of the gross domestic product (GDP) – the total values of goods and services created in a country –…
Commodity Market Report – 17 Feb 2025
Gold spot prices hit record higher at USD2942 /oz last week and retreated. Market settled at USD2883 /oz on Friday. This week, we project the trend will trade lower and move within the range of USD284…