(June 10): Palm oil stockpiles in Malaysia climbed at the fastest pace in five months as a sharp drop in exports overshadowed weaker production in the world’s second-largest grower.Inventories in May climbed 5.2% from a month earlier to 2.43 million tonnes, according to data released by the Malaysian Palm Oil Board (MPOB) on Wednesday. The gain was more than double the 2.2% rise forecast in a Bloomberg survey. The buildup reflects a sharp slowdown in overseas shipments as buyers flocked to discounted Indonesian cargoes following Jakarta’s overhaul of its key commodity exports.Malaysian exports fell about 14% to a one-year low…
Author: Isla
Chinese and Kenyan scientists on Monday renewed their partnership to advance a green transition by protecting biodiversity hotspots that sustain rural livelihoods and support ecological resilience.Speaking at a joint scientific conference in Nairobi, the Kenyan capital, researchers from both countries emphasized that collaborative research and knowledge sharing are key to securing Africa’s green and resilient future.Convened by the National Museums of Kenya (NMK) and the Sino-Africa Joint Research Center (SAJOREC), the five-day conference is being held under the theme of “Harnessing Biodiversity and Cultural Heritage for Economic Transformation.”The conference brings together senior policymakers, scientists, researchers, and grassroots campaigners to discuss…
‘This is something we see as tangible outcome of the right of development’: Egyptian diplomat says after touring Changan Automobile Group’s AVATR Digital Intelligence Factory in Chongqing By: Global Times | Published: Jun 10, 2026 01:23 PM After visiting the Changan Automobile Group’s AVATR Digital Intelligence Factory and witnessing its advanced automated and intelligent manufacturing processes in Chongqing, an Egyptian diplomat lauded the factory as “a manifestation of the right to development.” He noted that promoting the right to development is “something that Egypt espouses very much,” … Source link
The Ministry of Statistics and Programme Implementation (MoSPI) released the provisional estimates for FY 2025-26 hours after the RBI’s Monetary Policy Committee (MPC) unanimously declared a neutral stance. The GDP numbers offer a positive outlook. Exceeding the IMF’s projection of 7.3 percent and MOSPI’s earlier estimate of 7.4 percent, real growth is estimated at 7.7 percent. This is significantly higher than projections for other emerging market and developing economies. In the face of persistent trade uncertainty and a massive supply shock, this signals robust growth momentum. But how long can India weather external shocks? What appears to be a contradiction is,…
Zoud, the National Financial Wellbeing & Sustainability Initiative, has partnered with Alef Education, a UAE-based global leader in education technology, to deliver innovative digital financial literacy lessons to students across the UAE, equipping them with essential money management skills for the future. Since its launch in the first quarter, the Digital Financial Education Program has reached 17,841 students across 111 schools nationwide for Grades 5–12, demonstrating strong early adoption and impact. This collaboration reflects a shared commitment to advancing financial wellbeing among youth by integrating practical financial education into everyday learning experiences through digital innovation. This aligns with the UAE’s…
The imf predicts that Indonesia will be among this year’s fastest-growing major economies. The retail sector is booming as domestic tourism surges. Initial public offerings on the Indonesia Stock Exchange are raising unprecedented amounts – about €2.05bn in the first half of 2023 – and overseas investors have welcomed President Joko Widodo’s “omnibus law”, which simplifies regulations for commercial and business interests. The country’s growth has been aided by government policies such as the pre-employment card programme, which provides training to jobseekers; meanwhile, the Independent Campus initiative is encouraging university students to go abroad or take internships during the academic…
The Hong Kong government has announced a series of special offers and freebies covering transport, culture, retail and dining as part of the celebrations to mark the 29th anniversary of the Handover. Celebrations for the anniversary of the Handover on July 1, 2025. Photo: GovHK. During Hong Kong Special Administrative Region Establishment Day on July 1, residents can enjoy free rides on all trams, whilst the MTR will give away 71,000 domestic single rides in a lucky draw. Holders of child or student Octopus cards, as well as senior citizens’ JoyYou cards, will enjoy special Airport Express offers. Several ferry…
Two key geoscience-data bodies have worked together to make tens of thousands of historic coal mining plans available to the public.British Geological Survey (BGS) collaborated with the Mining Remediation Authority (MRA) to put the treasure trove of maps and diagrams online.They digitised information spanning more than 300 years of former collieries across England, Scotland and Wales.People can search for both coal and non-coal mine plans held by either organisation and view high-quality scans directly in their web browser.Geraldine Wildman, digital and information director at the MRA, said the Mine Plans Catalogue “opens a door to the past”.She added: “The archive…
KUALA LUMPUR: Sixteen foreign nationals were detained, and goods belonging to 22 unlicensed traders were seized during an integrated enforcement operation around Pudu Market in Jalan Yew here on Tuesday (May 9).Kuala Lumpur City Hall (DBKL) said that the operation, which began at 6am, was carried out in collaboration with the Immigration Department, targeting the sale of fresh produce, vegetables and fruits by foreign nationals operating without authorisation and in breach of their work permit conditions.The goods were seized and removed for conducting business without a licence and obstructing public spaces.— Dewan Bandaraya Kuala Lumpur Facebook page”Enforcement action was taken against…
Morocco • Agreement in sight between Attijariwafa Bank and Euronext Africa Intelligence Source link