Work on construction of the deep seaport at Matarbari in Cox’s Bazar is progressing at a snail’s pace. The outbreak of the coronavirus pandemic is responsible for such slow growth of construction of t…
Asean project to help small businesses hit by pandemic
Asean Business Advisory Council (BAC) Philippines chair Joey Concepcion promises a faster, easier and cheaper access to mentorship as part of efforts to support micro, small and medium entrepreneurs (…
ADB invests $10 million in equity fund for mid-size Philippines firms
The Asian Development Bank (ADB) has signed agreements for a $10 million equity investment in Navegar II L.P., a private equity fund that primarily invests in mid-sized Philippine firms. The Manila-ba…
Coronavirus: What China got right in preventing a second wave
When there was a sudden outbreak of coronavirus infections at a wholesale market in Beijing last month, there were fears that China was about to face a second wave of the pandemic after having success…
Rooftop solar power, an idea whose time has come in Vietnam
An increasing number of companies are installing rooftop solar systems at their factories to save power costs. Industrial land developer Sonadezi Corporation recently announced it would begin installi…
Philippines to open geothermal energy development to 100% foreign ownership
Under current law, foreign entities cannot own a majority stake in renewable energy development in the Philippines, but this is about to change, as reported by the Manila Bulletin. The Philippine gove…
Netherlands to assist Bangladesh in circular economy
As one of Bangladeshs major development partners, the Netherlands will assist the South Asian country in adapting to circular economy in the changed development scene. King Willem-Alexander of the Net…
AIIB to Loan Vietnamese SMEs $100m as COVID-19 Hit Economic Growth Forecast to Shrink to 2.7 Percent
The non-sovereign loan would be co-financed with the International Finance Corporation, with the capital aiming to boost the Asian nation’s economic recovery amid the ongoing coronavirus pandemi…
Vietnam Is Booming Economically. Not Its Stock Market
Vietnam is a bundle of contradictions for investors. Economically, the country is an all-star. Growth was cruising around 7% annually before this year. Exports are climbing the value chain from appare…
Too-tight virus policy is strangling economy, experts warn
Thailand should overcome concern of a second wave of Covid-19 and instead relax restrictions on foreign investors and tourists in order to shore up its falling economy, say a prominent investor and le…