The government of Sri Lanka is negotiating a large conditional loan from the IMF. A formal agreement is likely to be signed within weeks once all the main creditors provide the IMF with adequate assur…
Philippines Proposes Partnership With US, India for Building Digital Public Infrastructure
Philippines Parliament Speaker Ferdinand Martin G Romualdez, on Saturday, has proposed a partnership among the Philippines, the United States (US), and India in building a digital public infrastructur…
ChatGPT sparks AI investment bonanza
The artificial intelligence (AI) gold rush is truly underway. After the release last November of ChatGPT — a game-changing content-generating platform — by research and development company OpenAI, sev…
Fadillah slams EU for passing ‘unjust’ regulation against palm oil industry
Plantation and commodities minister Fadillah Yusof slammed the European Union today for passing the EU Deforestation Regulation (EUDR), claiming that it was “unjust” to the palm oil industry in Malays…
ACEN to build $1 billion wind project in Laos
This content was originally published by The Philippine Star following its editorial guidelines. Philstar.com hosts its content but has no editorial control over it. MANILA, Philippines — ACEN Corp. a…
Are India and Sri Lanka turning Trincomalee into major energy and industrial hub of South Asia?
The Sri Lankan government recently announced its decision to liberalise fuel trade in the country, allowing Sinopec (China), United Petroleum (Australia) and RM Parks (USA)- 3 leading fuel suppliers i…
Could an EU law to save the rainforest destroy palm oil farmers?
Malaysian palm oil farmer Reta Lajah is one of only a few in her village to be certified green and ethical, after a yearlong journey to join a global initiative that she hopes will help her navigate a…
Asian fintech rises above global investment dip
Fintech companies suffered a difficult period, globally, last year, as soaring inflation and rising interest rates prompted investors to pull back from the sector. Large parts of the industry strugg…
India’s progress can create new opportunities for Ugandan businesses: EAM Jaishankar
Jaishankar is on a two-nation visit to Uganda and Mozambique from April 10-15 to strengthen India’s strong bilateral ties with the two African countries Kampala: India’s progress and prosperity can cr…
What China’s RM 170 Billion Investment Commitment Means for Malaysia
During a recent trip to China, Malaysian Prime Minister Anwar Ibrahim announced that he had secured 19 memoranda of understanding from Chinese entities reflecting an investment commitment of RM 170 bi…