Gold spot prices have been climbing to make new record high and settled at USD2657 /oz on Friday. This week, we target the bulls might rise further and reach USD2700 /oz before encountering profit-tak…
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Weekly Rubber Report – 30 Sep 2024
Market Fundamentals: Rubber prices have risen due to supply shortages resulting from monsoon season in Southeast Asia. Additionally, the impact of U.S. interest rate cut has started to influence natur…
India palm oil output to triple in 6 years as farmers plant more: Agrovet
India palm oil output to triple in 6 years as farmers plant more: Agrovet India currently imports around 16 million tons of vegetable oils per annum, including 9 to 10 million tons of palm oil, mainly…
Malaysia to establish task force with Laos to boost energy sector development
Malaysia is planning to establish a task force with Laos to strengthen cooperation in developing the energy sector of both countries, said Deputy Prime Minister Datuk Seri Fadillah Yusof. Fadillah, wh…
Indonesia Can Lose $1.6 Billion Without EU Trade Pact
Jakarta. Indonesia will likely lose billions of American dollars in exports if it cannot close the overdue deal with the European Union, according to the country’s business association. Jakarta has be…
Vietnam’s rubber exports reach 1.7 billion USD in eight months
Vietnam’s rubber exports topped 1.7 billion USD in the first eight months of 2024, statistics show. With this result, the whole year’s turnover is forecast to hit 3 – 3.5 billion USD, equi…
Sri Lankans elect Marxist-leaning Dissanayake as president to fix economy
Sri Lankans elected Marxist-leaning Anura Kumara Dissanayake as new president on Sunday, putting faith in his pledge to fight corruption and bolster a fragile economic recovery following the South Asi…
Philippines tourism thrives as Qatar investments drive unprecedented growth in the halal hospitality sector
Qatar’s investments are poised to significantly contribute to the growth of the Philippines’ experiential tourism sector while boosting the halal-readiness of its hospitality industry, according to an…
Malaysia launches national guidlines on AI governance, ethnics
Speaking at the launch, Malaysian Deputy Prime Minister Datuk Seri Fadillah Yusof said that the National Guidelines on AIGE is a framework for setting parameters for AI users in industry and a code of…