Five keys to expanding Central Asia’s global value chains

By Minsoo Lee Central Asia’s long-term economic prosperity depends upon participation in global value chains and upgrading to higher value-added activities. Central Asia’s long-term economic vitality will depend on the ability of the region’s economies to participate in global value chains and possibly upgrade to higher value-added activities. Value chains have transformed global trade and production […]

BHP lays down goals to cut own emissions by 30% by FY2030

MELBOURNE (Reuters) – BHP Group BHP.AX will focus on cutting its operational emissions by 30% by the 2030 financial year from 2020 levels, and will link executive bonuses to its progress, its chief executive said in a climate strategy update on Thursday. The world’s biggest listed miner will focus on using cleaner forms of power supply as […]

Sri Lankan navy tows fire-stricken tanker to sea as wind strengthens

NEW DELHI (Reuters) – The Sri Lankan navy has towed a fire-stricken supertanker further out to sea to keep it off the coast of the Indian Ocean island after the wind picked up strength and changed direction, a spokesman said on Thursday. The tanker, loaded with 2 million barrels oil, was 50 nautical miles (95 […]

Myanmar’s upcycling monk leads push to cut plastic waste

YANGON (Reuters) – When a prominent Buddhist monk in Myanmar noticed a surge in plastic waste generated by residents in his Yangon neighborhood during the pandemic, he decided to do something about it. But Abbot Ottamasara, who runs the Thabarwa meditation centre, was taken aback by the response to his request for plastic containers as […]