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China’s coronavirus response: Clamp down and shield Xi

Xi Jinping is often described as the most powerful Chinese leader since Mao, but he’s not the face of Beijing’s response to what could ultimately be the biggest test of his tenure thus far. Why it matters: Xi has vowed that China will slay the “devil virus” that… To Read More: https://www.axios.com/china-coronavirus-response-xi-jinping-system-8d54459a-aa83-40b2-822b-0680c1130f34.html SOURCE: AXIOS (7)

How Modi’s budget failed India’s poorest and most vulnerable

All the women of Tongabad village hear are stories of despair. After all, in Amravati district, in the western Indian state of Maharashtra, they live in the constant shadow of death – each day, on average, three farmers kill themselves amid failing crops, poor rainfall and very low pay leading to insurmountable debts… To Read More: https://www.scmp.com/week-asia/economics/article/3049593/how-modis-budget-failed-indias-poorest-and-most-vulnerable (2)

Can China handle the economic turmoil of its viral outbreak?

For Eppu Makipaa, some quick thinking in late January as a new coronavirus swept through China and many other countries helped avert a significant disruption at the company he works for. Makipaa – a sales engineer and manager at Lifa Air International, a Finnish company… To Read More: https://www.aljazeera.com/ajimpact/china-handle-economic-turmoil-viral-outbreak-200204023002884.html SOURCE: AL JAZEERA (4)

India bets big on quantum technology

Quantum technology has been given a massive boost in India’s latest budget, receiving 80 billion rupees (US$1.12 billion) over five years as part of a new national quantum mission. India’s considerable investment in the field places it alongside the United States, Europe and Russia. In December 2018… To read more: https://www.nature.com/articles/d41586-020-00288-x (2)

CPO PRICE PLUNGES TO RM2,689.00 PER TONNE

By Charles F. Moreira, Editor Following our article Reinstate Exemption of Palm Oil Export Tax of 29 January 2020, the weighted average price of crude palm oil (locally delivered) according to the Malaysian Palm Oil Board (MPOB) plunged to RM2,689.00 per tonne on 30 January 2020, down from RM2,984.00 per tonne on Friday 24 January […]

India’s economy slumps as growth hits slowest pace in a decade

Faced with faltering economic growth, India‘s government has unveiled measures aimed at getting millions of Indians to spend and spurring companies to invest. The task at hand is urgent: India was the world’s fastest-growing major economy as recently as last year….. To read more: https://www.independent.co.uk/news/world/asia/india-economy-modi-budget-china-delhi-mumbai-goldman-sachs-a9313661.html SOURCE: INDEPENDENT UK (1)

Reinstate Exemption of Palm Oil Export Tax

By Charles F. Moreira, Editor We ended our previous article – Minimal impact on Malaysia’s Palm Oil’ …Really? – on an optimistic note that the price of Malaysian crude palm oil (CPO) and fresh fruit bunches (FFB) would soon resume their uptrend after a transient temporary rocky patch. Coupled with that, our optimism was bolstered […]

India’s Modi Faces New Challenge: A Slowing Economy

Since a landslide victory last year, Indian Prime Minister Narendra Modi has pushed through a series of controversial social initiatives that have drawn cheers from supporters but been criticized as part of a divisive Hindu nationalist agenda. Now, the country’s suddenly flagging economy, which not long ago was the engine driving India’s emergence on the […]

Protests and a weakening economy spell a rocky road ahead for India’s Narendra Modi

Eight months ago, Narendra Modi was being hailed as India’s most popular leader in decades. His incumbent Hindu nationalist Bharatiya Janata Party (BJP) won a general election by a landslide in May, increasing its share of the vote on its impressive 2014 win. To read more: https://edition.cnn.com/2020/01/16/asia/modi-protests-india-analysis-intl-hnk/index.html (1)

Minimal impact on Malaysia’s Palm Oil’ …Really?

By Charles F. Moreira, Editor A Bernama report on 15 January 2020 may provide relief for Malaysia’s crude palm oil (CPO) and oil palm fresh fruit bunch (FFB) producers. Standard Chartered, ASEAN and South Asia Global Research chief economist Edward Lee had told Bernama that Malaysia’s exports of refined palm oil to India was roughly […]

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