Japan has promised US$3 billion in investment and loans to the Association of Southeast Asian Nations to boost development in the fast-growing region, Foreign Minister Toshimitsu Motegi said Monday. T…
Nepal aims to promote religious tourism; undertakes infra development with ADB help
To attract religious tourists from various countries, including India, Nepal has undertaken several infrastructure development projects with the support of Asian Development Bank (ADB), according to o…
Palm oil touches over 2-year high
Malaysian palm oil futures reversed earlier losses and reached a more than two-year high on Friday, supported by stronger rival oils and Indonesia’s decision to cut its fossil fuel consumption. …
A great step for Digital Bangladesh
The inauguration of the National Data Centre is a watershed moment for Bangladesh’s ICT sector, and brings us even closer towards realizing the government’s vision of a Digital Bangladesh. The four-ti…
Myanmar opens market to foreign insurers
British Prudential, Japanese Dai-ichi Life, Hong Kong AIA, US Chubb, and Canadian Manulife have been permitted to issue life insurance policies in Myanmar with their fully-owned subsidiary, more than …
Sustainable infrastructure investment speeds up growth in Viet Nam
Sustainable infrastructure investments are becoming the norm and enabling stable economic and social growth in Việt Nam, Nirukt Sapru, CEO, Vietnam and ASEAN & South Asia Cluster Markets at Stand…
Indonesia: Getting data centers ready for booming digital economy
Southeast Asia (SEA) has clinched the top spot globally as the mobile economy hot spot, taking over giant economies like China. This is due to the growth in smartphone penetration in this region, whic…
Asean Today – Nov 2019
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Electricity Reform to Light Up Myanmar’s Economy
Businesses and the general public in Myanmar are divided on the recent bold policy move to hike electricity tariffs. But the big question is: how can the electricity reform contribute to the country’s…
Chinese firms sign 184-mln-USD deals to purchase goods from Laos
Chinese companies signed contracts worth 1.3 billion yuan (about 184 million U.S. dollars) to purchase goods, mainly agricultural products, from their Laos counterparts. The deals were signed as the 2…