Tokyo / AFP India’s soybean output may rebound from an 11-year low as ample rain and sunshine boosts crop development, according to the Soybean Processors Association of India. Production may top the 6.93 million metric tons harvested in 2015-16 if current favorable weather continues next month, Chairman Davish Jain said by phone from Indore. That was the smallest crop ...

  Jakarta / Bloomberg Palm oil shipments from Indonesia, the world’s largest grower, probably rose to the highest level in three months in July after buyers from China to India boosted purchases. Exports of palm and kernel oils climbed 6.7 percent to 1.9 million metric tons, according to the median of seven estimates from analysts and plantation executives compiled by ...

  Beijing / Bloomberg China is adding new instruments to its economic dashboard that will incorporate big data to help better track innovation and entrepreneurship in the new economy. Three indicators tracking innovation, entrepreneurship and the new economy are rolling out this year to gauge output in those fast-moving, category-bending and hard-to-measure sectors. All three will be distilled partly from ...

  AFP Cheap instant “bubble tea” has become one of Taiwan’s best-known culinary exports — now a new wave of entrepreneurs hopes a high-end modern take on traditional brews will also be sipped worldwide. Taiwan has been producing tea for more than 200 years and a cup of the island’s famous oolong is obligatory for many visitors, but exports have ...

  Emirates Business Sensai — the pioneer of ‘super prestige’ skincare — continues to impress with its fascinating range of skincare products that have shown proven results of protecting the skin from natural and chemical elements. The ‘cellular performance day cream’ takes center stage being the star product of the year with a 100% customer satisfaction. Sensai’s cellular performance day ...

  SHARJAH / WAM The Sharjah Road and Transport Authority opened a road network at Al Saja Industrial Area as part of the emirate’s plans to build a modern, integrated network of roads and provide a fully-serviced investment infrastructure. The authority has invested AED66 million on this project. Sulieman Al Hajeri, Director of Roads at the Authority, said that roads ...

  Dubai / WAM The Dubai Electricity and Water Authority (DEWA) organised the third batch of training sessions for 75 students of the Carbon Ambassadors Programme, the next generation of leaders and experts, who will implement ambitious national strategies and plans as well as contribute to innovating new initiatives and programmes, as part of the Dubai Clean Energy Strategy 2050. Conducted ...

  Abu Dhabi / WAM Waha Capital has completed the refinancing of its credit facilities with 12 local, regional and international banks. The new and upsized financing is a 5-year US$ 500 million revolving credit facility. This replaces the previous US$ 375 million revolving credit facility secured in 2014. The facility was positively received and achieved a significant oversubscription. It was ...

  Aden / WAM The UAE donated vehicles to security authorities in Aden governorate to help leverage security and stability there. The UAE has so far donated 47 Toyota FJ Cruisers, 18 police cars, five motorcycles, six fire trucks, 50 fire suits, 10,000 police uniforms and airport security devices to the southern Yemeni city. Chief of Aden’s security, Shallal Shaea, praised ...

  Dubai / WAM The Higher Organising Committee of the Dubai Award for Sustainable Transport (DAST) has opened registrations for entries and started receiving nominations from public, semi-public and private entities in the UAE for the ninth edition of the award. Nasir Hamad Abu Shehab, CEO of Strategy & Corporate Governance Sector-cum-Chairman of the Higher Organising Committee of DAST, RTA, says ...