The Lao government has pledged to remove barriers and further improve the business climate in a bid to attract more investment from Laos and foreign countries. The government intended to address econo…
Philippines: Surging online economy
A recent regional survey of online shopping behavior shows interesting trends that can help private companies and even the government, specifically its tax-collection agencies, plan strategies. The bu…
Asean Today – Oct 2020
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Philippines: Gov’t wants more investments in renewable energy
The Philippines wants to entice more “green” energy investments as it aims to bounce back from the pandemic-induced recession while fighting climate risks and enhancing disaster resilience, President …
ASEAN Sustainable Tourism Solutions Expo opens next week
The annual ASEAN Sustainable Tourism Solutions Expo (ASTSE) will go online this year, kicking off on November 5 with a two-day free-to-access programme. Usually hosted in Laos, the event is recognised…
US GDP grows 33.1% in third quarter of 2020
The US economy grew by 33.1 per cent in the third-quarter of this year, indicating a revival of the economy from affects of the coronavirus pandemic. President Donald Trump, who is seeking re-election…
US boosts energy infrastructure push in Vietnam with raft of LNG-to-power deals
US companies signed several agreements with Vietnamese partners to develop LNG-to-power projects in the Southeast Asian country, as part of Washington’s strategy to bolster regional ties and pav…
World Bank approves $80 Million project to boost Nepal’s agriculture
The World Bank has approved a project worth US dollars 80 million (equivalent to Rs 9.44 billion) today to bolster Nepal’s agriculture sector by strengthening rural market linkages and promoting entre…
$484 Million ADB Loan to Fund New GMS Expressway in Myanmar
The Asian Development Bank (ADB) has approved a $483.8 million loan to build a 64-kilometer (km) expressway connecting the capital of Bago region and the township of Kyaikto in Mon state in Myanmar an…
Singapore to import electricity from Malaysia for a two year trial
Singapore plans to import 100 megawatts (MW) of electricity from Malaysia for a two year trial starting next year to diversify the country’s energy supply. The plan “will allow the region to share the…