Malaysia’s economy is expected to bounce back sharply next year with a 6.9 per cent expansion, the World Bank said. But before that, the economy will likely have to deal with a painful 3.1 per c…
Malaysia Electronic Sports Federation Signs $3.2M Partnership With Dynasty Esports
The Malaysia Electronic Sports Federation has revealed a partnership with Dynasty Esports The deal is valued at RM140 million ($3.2M USD) over five years, according to the announcement, and it include…
Minister Airlangga: New Normal Boosts Indonesia’s Economy
Jakarta – Coordinating Minister for Economic Affairs Hartarto said Indonesia’s economic performance has begun to show positive signs and strengthened in mid-June 2020 in line with the enforcemen…
Thailand: B310bn farm rehab scheme to begin
An agricultural rehabilitation scheme worth 310 billion baht is set to begin this month, helping 2 million people who lost jobs and returned to their home provinces, says Deputy Prime Minister Somkid …
World Economic Outlook Presentation – June 2020 Update
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Pandemic, ADB Forecasts Indonesia’s Economy to Recover in 2021
The Asian Development Bank (ADB) recent forecast stated that Indonesia’s economy is expected to contract by 1.0% in 2020. But the country’s economic growth would reach 5.3% in 2021, due to stronger ho…
China’s Border Conflict Not Limited To India; Japan, ASEAN Also Facing Hostilities
The Galwan region’s Patroling point-14 witnessed the deaths of numerous Indian and Chinese soldiers as the border spat in the Himalayas turned violent. An Indian controlled area, the Galwan region is …
Why COVID-19 shows we need a total rebrand of waste management in Southeast Asia
Frontline workers—doctors, nurses, food packers, delivery people—rightfully deserve praise and compensation during and after this pandemic. Less appreciated is the waste management sector—waste picker…
Leaving China: India and Vietnam as the new economic hubs
In the aftermath of the coronavirus pandemic, there have been numerous discussions with regard to the likely beneficiaries of companies wanting to shift from China. In the aftermath of the trade wars,…
Sri Lanka Receives $100 Million Loan from India for Installing Rooftop Solar Systems
Sri Lanka announced that it had received a $100 million (~₹7.56 billion) loan from the Government of India for installing solar rooftop systems on government buildings. These funds will also be used t…