Southeast Asia, or the ASEAN (the Association of Southeast Asian Nations) region as more commonly referred to in Asia, is among the fastest-growing regions in the world. According to the Asian Develop…
Malaysia’s economy emerges from the shadow of COVID-19
Rebounding from the pandemic-induced economic shock, the Malaysian economy gathered momentum in 2022 as its growth rate surpassed expectations quarter after quarter. The first quarter of 2022 saw a gr…
China’s large energy firms pledge P760 billion in Philippines’ renewable energy push
Nine Chinese energy companies have pledged to invest $13.76 billion or around P760 billion in the Marcos administration’s push for renewable energy (RE), as the Philippines braces for a tight power su…
Explainer: Why Malaysia is considering a ban on palm oil exports to the European Union
Malaysia, the world’s second-largest palm oil producer, on Thursday said it might stop palm exports to the European Union after the bloc imposed additional import restrictions on the edible oil …
Global tech investors continue to bet on Vietnam
Vietnam’s growing capacity to make complex tech products is attracting more foreign investors who are setting up factories. Apple supplier BOE Technology Group plans to invest US$400 million to build …
Here’s why Vietnam could be Asia’s next industrial hotspot
To many, Vietnam is known for its beautiful beaches and delicious fare. But increasingly it has become a burgeoning industrial hub, especially for tech and apparel: and the numbers back it up. While p…
Bangladesh puts energy hopes in first nuclear power plant, despite delay
Bangladeshi engineering student Noyon Ali, 22, serves ice-cream and fruit juice at a stall on a hot, dusty roadside to Russian customers, using a menu translated with an online app. He moved across th…
Over 600,000 foreigners visit Nepal in 2022 as tourism industry rebounds
With the declining number of COVID-19 cases in Nepal, the tourism sector is slowly returning back on track. According to the data published by Nepal Tourism Board (NTB), more than 600,000 tourists vis…
Baker Hughes To Supply CO2 Equipment For Carbon Capture Project In Malaysia
Carbon capture development in Asia is increasing speed as recent news suggests. Baker Hughes was awarded a contract to supply CO2 compression equipment for a large-scale carbon capture and storage (CC…
China’s outbound tourism gains momentum
China’s outbound tourism market is showing good growth momentum and is expected to make a robust recovery amid the nation’s optimized COVID-19 response measures and relaxed travel restrictions. Accord…