Tue, 27 Sep 2022

KUALA LUMPUR -- Market analysts at the CGS-CIMB Research in Malaysia on Thursday predicted crude palm oil (CPO) prices would weaken in the near term due to stiffer competition from the Indonesian palm oil.

The CGS-CIMB Research said in a note that the CPO products would be traded at a price range from 4,000-5,000 ringgit (900-1,125 U.S. dollars) per ton in August. (Malaysia-Palm Oil)

- - - -

SUVA -- The China-proposed Belt and Road Initiative (BRI) has been warmly welcomed in the Pacific island countries because it has helped boost their social and economic development over the past decade, a Fijian expert said here Thursday.

In an exclusive interview with Xinhua, Keshmeer Makun, a lecturer at the University of the South Pacific based in the Fijian capital Suva, said that the BRI has become a platform for win-win cooperation between China and the participating countries across the world. (Fiji-China-BRI)

- - - -

BUSAN, South Korea -- A lecture meeting to mark the 30th anniversary of the establishment of diplomatic relations between South Korea and China was held here on Thursday.

Chinese Ambassador to South Korea Xing Haiming said in his video address that since the establishment of diplomatic ties between the two countries 30 years ago, China and South Korea have made brilliant achievements in exchanges and cooperation in various fields, setting a good example for the development of relations between countries with different systems. (SKorea-China-Ties)

- - - -

NEW DELHI -- Three bodies have been recovered and 17 others were feared killed Thursday after a boat ferrying them capsized in a river in the northern Indian state of Uttar Pradesh, police said.

Fifteen people have been rescued from the water. (India-Boat-Capsize)

More Jakarta News

Access More

Sign up for Jakarta News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!