The relationship between India and Sri Lanka in the areas of infrastructure development, energy links and trade should be much deeper than what it is now The announcement by Sri Lanka’s President Rani…
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How Indian economy has silenced ‘perennial pessimists’
NRI economists with their Western tinted glasses often seem to revel in India’s economic hiccups, gleefully pointing out every stumble as if it were the end of the world. It’s almost as if they enjoy …
EU puts green trade squeeze on developing world
Brussels sprouts more red tape for farmers The two tribes of trade and climate policymakers have never connected properly. They have different vocabularies, principles, treaties and institutions. Even…
Cambodia’s Clean Energy drive attracts $65.5 million investment for 60 MW solar power plant
Investment projects in clean and renewable energy play a crucial role in the Cambodian government’s efforts to reduce emissions from fossil fuels. This strategy addresses environmental concerns and ai…
Commodity Market Report – 11 Dec 2023
Gold prices reached historical high USD2135 /oz on 4 December and plunged due to rapid profit-taking. Market closed at USD2004 /oz on Friday and caught long traders off-seat. This week, the trend may …
Weekly Rubber Report – 11 Dec 2023
Market Fundamentals: Dollar Index (USDX) traded in firm sentiment last week and poised at 104.00 level before weekend. Commodity prices in precious metals and energies were jittery as greenback steadi…
Commodity Market Report – 4 Dec 2023
Gold prices settled at USD2072 /oz on Friday and making the fourth attempt to break this historical high-end. This week, we project the market will trade within USD2040 – USD2080 /oz without making a …
Weekly Rubber Report – 4 Dec 2023
Market Fundamentals: Rubber prices were weak on month-end rollover seasons for both TOCOM and SICOM markets. Meanwhile, Crude prices missed the USD80.00 /barrel benchmark and turned down to USD74.00 /…
Vietnam’s rubber industry goes green
Many domestic rubber firms are pursuing a green strategy in an effort to reduce waste and verify sustainable forest management certificates to better promote the Vietnamese rubber brand globally. Five…
Sri Lanka eyes Saudi investment to modernize tourism sector
Sri Lanka is looking for Saudi investment to modernize its tourism and other sectors, top officials in Colombo have said following an official visit of Saudi Economy and Planning Minister Faisal Al-Ib…