ASEAN countries are now shifting from traditional energy sources like coal to renewables, a change that will impact the region’s nearly 700 million lives. With most member states aiming for net-zero e…
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Commodity Market Report – 10 Jun 2024
Gold prices slid on Friday from USDD2387 /oz top. This week, we foresee the market will weaken further and trade within USD2280 – USD2330 /oz range. Fundamentally, the yellow metal will trade in…
Weekly Rubber Report – 10 Jun 2024
Market Fundamentals: Dollar Index (USDX) sprang up from Friday from 104.00 to 104.92 after the U.S. nonfarm payroll showed strong growth by 272,000 jobs in May. The expectation of rate cut in the FOMC…
Vietnam’s great untapped rare earth bounty
Vietnam is home to the world’s second-largest reserves of rare earths, according to the US Geological Survey. Yet while the US and its allies seek a supply chain hedge to China’s domination of the cri…
Plan to Drive Sri Lanka’s Renewable Energy Future
During the “Advancing Energy Transition” roundtable discussion at the Hilton Colombo this morning (29), President Ranil Wickremesinghe emphasized the need for a comprehensive plan to exploit renewable…
India in talks with Sri Lanka to acquire graphite mine block
Sri Lankan graphite is considered among the purest in the world with more than 98% carbon content, said officials. India has also been in talks with other countries for procuring other critical minera…
Malaysia’s economy grows annual 4.2% in Q1 on export rebound
Malaysia’s economy expanded 4.2% in the first quarter of 2024 from a year earlier, beating market expectations on higher household spending and a turnaround in exports, government and central ba…
Johor-Singapore SEZ to spur trade, labour and investments: Maybank
Maybank Investment Banking Group expects the proposed Johor-Singapore Special Economic Zone (SEZ) to unlock opportunities and spur the exchange of trade, labour, investments and green energy initiativ…
Top 10 countries indebted to China – World Bank
Over the past decade, external debt for low and middle-income countries (LMICs) has surged, outpacing their economic growth and raising serious concerns. This trend is particularly severe in poorer na…
ADB Launches New Country Partnership for Cambodia
The Asian Development Bank (ADB) has launched a new country partnership strategy for Cambodia, spanning the period 2024–2028. The new strategy, closely aligned with the first phase of the national Pen…