The emerging multipolar world offers a large and attractive infrastructure opportunity, financing, building and operating critical public works around the world in a $3 trillion annual marketplace. Th…
How a Chinese company took control of an entire nation’s electrical grid
It’s hardly surprising that Laos is under China’s sway. The former is a mountainous nation of 7 million people, mostly farmers, with an economy smaller than that of Mobile, Alabama. It sits next to a …
Software engineers establish farm to earn profit and foster food security
Philippine agriculture has had its highs and lows over the years. Some examples of its low points include oversupply in farmers’ crops, and land grabbing. Meanwhile, it has also seen some success thro…
‘Tourism Revival’ campaign officially launched
The ‘Tourism Revival’ campaign has been officially launched to accelerate the country’s coronavirus-hit tourism industry. Amid a function held in Kathmandu on Saturday, Minister for Culture, Tourism a…
Oil edges lower as rising virus cases cloud demand recovery outlook
Oil prices dipped again on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with crude on track for its first monthly fall in many months after slipping last week. …
US $86 million wind energy projects inaugurated in Vietnam
The inauguration ceremony of two wind energy projects Lac Hoa and Hoa Dong, with a total investment of more than 86 million dollars, was held today in the city of Vinh Chau in this South Vietnamese pr…
India offers $100 million Line of Credit to Lanka for solar projects
COLOMBO: India has offered a Line of Credit worth $100 million to Sri Lanka for three solar projects in the country, according to an official statement here. India’s high commissioner to Sri Lan…
A Billionaire Is Bringing Electric Motorbikes to Vietnam
Vietnamese billionaire Pham Nhat Vuong wants to help his nation’s 96 million motorbike riders go green, replacing their noisy gas guzzlers with electric scooters. VinFast, a subsidiary of Vuong’s Ving…
Chinese Companies Flocking to Southern Myanmar’s Industrial Complex Megaproject
Despite the surge in COVID-19 in Myanmar, Chinese companies including state-owned energy giants are seeking opportunities to invest in the Dawei Special Economic Zone (SEZ), a US$8-billion (10.4-trill…
Rural development through tourism
This year the theme of the World Tourism Day as designated by the UNWTO ‘Tourism and Rural Development’ is very appropriate for the rural-dominating countries of Asia, Africa and Latin Ame…