Last year, thanks to its shift to “online sales” and changes in product structure that was in line with consumer trends in the world in the time of the Covid-19 pandemic, Duc Thanh Woodwor…
Asean Today – May 2021
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Adopting sustainable tourism for the environment
In celebration of World Environment Day 2021 on June 5, the Department of Tourism (DOT) urged hotels and resorts to become DOT-accredited to receive assistance in its rapid adoption of sustainable pra…
Bangladesh goes from basket case to rising star
May 25 was a historic day for the small South Asian country of Bangladesh, when its central bank approved a $200 million currency swap facility for the nearby island economy of Sri Lanka. Last month, …
Virginia Tech Research Explores Climate Change and the Future of Food in Nepal
When you think of Nepal, you might imagine people climbing Mount Everest, the world’s highest mountain above sea level. However, people aren’t the only ones scaling the vast and varied elevations of t…
Is Southeast Asia ready for a US-China tech decoupling?
Recent developments suggest that both China and the United States are taking steps towards unravelling or “decoupling” their technology ecosystems. Nowhere has this been more evident than in the semic…
Taiwan and Vietnam race to shield tech industry from COVID
Two of Asia’s most important tech manufacturing hubs are grappling with sudden spikes in COVID-19 infections, casting a shadow over a global supply chain already struggling with an unprecedented…
Myanmar coup and crisis cause major damage to its economy
The continued civic unrest after the military coup has ravaged Myanmar and its economy, with massive losses across all economic indicators, including Thailand’s exports to its troubled neighbour. This…
Renewed Covid outbreak in Asia is not a big worry, says Citi strategist
The renewed rise in Covid-19 cases across Asia is not a big worry and the region’s economy will get back on track when the outbreak eases, said an investment strategist from Citi Private Bank. Against…
Malaysia continues to be the prefered investment destination for high-value manufacturing and global services hub in asia amid pandemic
Targeting Quality Investments Malaysian Investment Development Authority (MIDA) as the principal investmentpromotion agency has been effective to target and attract the right types of investments,part…