As the Belt and Road Initiative (BRI) enters its second decade, Beijing seems focused on filling in the fine details of the project’s ambitious outline, first announced by President Xi Jinping in 2013…
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Vietnam’s pilot low-emission rice farming shows promise: Increased yields, profits, and sustainability
The Ministry of Agriculture and Rural Development (MARD) of Vietnam and the International Rice Research Institute (IRRI)featured promising results of a pilot farming under the Sustainable Development …
Benefits and challenges of Malaysia’s oil industry
OIL and gas (O&G) remains a cornerstone of the nation’s economy, generating up to RM300 billion in annual revenue. The government uses tax revenue from the sector to invest in various proje…
IMF chief concerned world facing weakest prospects for medium-term growth in decades
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said Friday that she is concerned the world is facing the weakest prospects for medium-term growth in decades, which is at …
Indonesia begins B40 biodiesel trial to power trains
The goverment and state-owned railway operator KAI have kicked off a nearly two-month trial of B40 biodiesel in trains, starting with the Bogowonto train connecting Jakarta and Yogyakarta. Passengers …
Asean and the Middle East: Deepening ties to unlock economic and trade opportunities
AT A time of increasing trade turbulence, economic diversification has become a dominant theme. Against this backdrop, the Asean-Middle East corridor is gaining in prominence as the two regions enjoy …
Commodity Market Report – 28 July 2024
Gold Spot prices traded moderately lower last week after topping off recent historical high at USD2483 /oz. This week, we predict the market will make a technical recovery and trade within USD2360 …
Weekly Rubber Report – 28 July 2024
Market Fundamentals: The Dollar Index (USDX) threaded sideways around 104.00 region last week. In our opinion, Dollar tends to fall this week and lift the general demand of commodity prices. Rubber pr…
The Bay of Bengal should be an economic superpower
IT IS THE biggest bay on Earth—so big that five countries define the Bay of Bengal’s rim, among them India, the biggest country in the world by population, and Bangladesh, the eighth most populous. As…
French energy firm to put up renewable projects in Mindanao
Two provinces and one city in Mindanao are expected to have a stable power supply after a French energy firm formally signified intention to put up renewable energy projects in the form of green hydro…