Dhaka in talks with Moscow to buy crude, refined oil: Russian ambassador
Negotiations are also going on between Moscow and Dhaka for the resumption of wheat purchase on a government-to-government basis.
Trade
Indian, Vietnamese companies seek stronger ties in building materials sector
India, like Vietnam, is a rapidly developing country, with booming construction, which is pushing up demand for tiles and other building materials.
Indonesia’s trade surplus narrows on ‘ending’ commodity windfall
The figure exceeds forecasts from state-owned Bank Mandiri and financial research firm Moody's Analytics, who had projected a trade surplus of $3.85 billion and $3.7 billion,…
Ball stops rolling for growth in Cambodia’s latex exports
In light of the disappointing January-July export performance, the General Directorate of Rubber voiced optimism that the market and investment situation would see marked…
Philippines resumes talks with China on Chinese-funded transport projects
So far, Philippines - under the Duterte administration - had already borrowed from China a total of US$1.1 billion.
Cambodia to inspect Vietnamese noodles after EU warning
This move follows the European Union's warning to recall or return Vietnamese instant noodles including ethylene oxide.
G-7 calls on Indonesia to cap Russian oil prices
How Moscow will react to the scheme remains a concern, with the worst-case scenario being the complete halt of Russian oil sales.
Indian companies swapping dollar for Asian currencies to buy Russian coal
India has aggressively stepped up purchases of Russian oil and coal since the war in Ukraine began.
Korea and China foreign ministers discuss regional security, supply chain, North Korea’s provocations
South Korean Foreign Minister Park Jin met with his Chinese counterpart Wang Yi to discuss a series of issues, including North Korea, regional security and economic exchanges.
PM Shehbaz welcomes UAE’s planned $1 billion investment in Pakistan
The move will likely help revive investor sentiment in the country, which has been beset by dwindling foreign exchange reserves as well as a depreciating rupee.