Market Fundamentals: Dollar Index (USDX) traded sideways within 103.50 – 104.50 region last week but pulled up on Friday. This week, we foresee very volatile market in Dollar trend due to the uncertai…
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$5 billion road, rail link between India and Sri Lanka in closing stages
Discussions are in the final stages for a $5 billion road-and-rail link between India and Sri Lanka with India set to bear the cost of the strategic project, said the island-nation’s environment secre…
Philippines implements new guidelines to accelerate renewable energy projects
The Philippines’ Department of Energy (DOE) has introduced new monitoring protocols and guidelines aimed at accelerating the development of renewable energy projects. These updates will streamline adm…
Climate change threatens water and sanitation facilities in Nepal
Water supply, sanitation and hygiene facilities (WASH) are bearing the brunt of climate-induced extreme weather events in Nepal. The rain which inundated central Nepal in September 2024 caused disrupt…
ASEAN power grid could drive economic growth, halve air pollution, study finds
A study by the U.S. Department of Energy highlights that the ASEAN power grid not only has the potential to address green energy shortages but can also create job opportunities, attract investments, a…
Bangladesh Is Well-Positioned to Build a New Political Area. Can It Seize the Moment?
The South Asia Program informs policy debates relating to the region’s security, economy, and political development. From strategic competition in the Indo-Pacific to India’s internal dynamics and U.S…
Changing threads: Bangladesh’s setback fuels India’s RMG surge
Bangladesh’s mounting economic struggles Bangladesh’s economic difficulties, exacerbated by the COVID-19 pandemic, have reached a critical point. The pandemic’s disruption to global supply chains hit …
Middle East growth spurs new opportunities for Asean collaboration: Standard Chartered
The UAE and Singapore are vital gateways for business between the two regions, says the bank’s Singapore CEO Patrick Lee Standard Chartered’s Singapore and Asean chief executive officer Patrick Lee sa…
Malaysian banking sector can drive Asean financial integration: ABM executive director
The domestic banking sector is uniquely positioned to drive deeper cross-border financial integration across the region when Malaysia assumes the Asean chairmanship next year. The Association of Banks…
Commodity Market Report – 28 Oct 2024
Gold spot prices traded largely within USD2720 – USD2760 /oz as we predicted last week. The market is prone to climb higher in coming weeks due to the potential fall in Dollar. This week, we rec…