Returning to a high growth path will be the easy part for South Asian economies led by India, which confront much harder challenges in the form of increased inequalities and reduced access to educatio…
Vietnam to boost transport infrastructure on Mekong Delta
MEKONG DELTA (Vietnam News/ANN): The Mekong Delta is working with the Ministry of Transport to improve the local transport infrastructure and thus trade flows, the Cần Thơ branch of the Vietnam Chambe…
Foreign investment into Vietnam up 18.5 percent in first three months
As much as 10.13 billion USD worth of foreign direct investment (FDI) was injected into Vietnam in the first three months of the year to March 20, a year-on-year increase of 18.5 percent, according to…
Myanmar’s economy to contract 10% this year amid turmoil – World Bank
Myanmar’s economy is expected to contract by 10 per cent this year, World Bank forecasts released on Friday show, as the Southeast Asian nation is convulsed by nationwide protests, strikes and sanctio…
Malaysia ranked ‘2nd prefered country’ for foreign investment
MALAYSIA is ranked the “second most favourable country” for foreign investment in South-East Asia by European and US companies to establish or expand their sourcing, selling or operations over the nex…
Intra-regional tourism crucial for post-COVID-19 ASEAN tourism revival
Due to an abundance of low-cost connectivity and an increased preference for travel closer to home, intra-regional tourism will play a key role in revitalizing the ASEAN countries’ tourism economies. …
World palm oil production to rebound, Malaysian output to decline 500,000 tonnes, says commodity expert
The world production of palm oil is likely to rebound by 3.2 million tonnes in the October 2020-September 2021 season, while Malaysian production is expected to decline 500,000 tonnes, said Oil World …
U.S. green energy push sets global edible oils alight, raises food inflation fears
The United Nations’ vegetable oils price index has rallied 70% since last June to nine-year highs after labour shortages at Asian palm plantations and bad weather in key sunflower, rapeseed and soybea…
India, Bangladesh to sign economic pact over next five years: EIU
India and Bangladesh are expected to sign an economic partnership agreement over the next five years which will preserve trade rights for Bangladesh. According to the Economist Intelligence Unit, R…
Bangladesh launches $2 billion fund to finance port construction
This week the Government of Bangladesh announced plans to set up a US$2.0 billion fund from its foreign exchange reserve to finance port and power sector infrastructural projects. Bangladesh Prime Min…