The global data centre market, forecasted to reach a value of US$554.4 billion by 2030, sees Southeast Asia, specifically Singapore, Malaysia and Indonesia, as key growth areas due to their complement…
ASEAN Unites Towards a Blue Economy
In order to support the Chairmanship of Laos in ASEAN in 2024, the Indonesian Government through the Ministry of Foreign Affairs and the Ministry of National Development Planning as co-organizers, has…
Indonesia mulls widespread use of palm-oil based B40 biodiesel in 2025
Indonesia plans to increase the use of palm oil-based B40 biodiesel in 2025, shifting from the current B35 blend, according to a statement from the energy ministry, reported Malaya Business Insight. A…
Focus on Indonesia
A growing population, new flour-based food trends and food diversification is translating into bright prospects for the Indonesian wheat flour industry, which is expected to see four new mills come on…
ADB continues to promote investment in water to combat climate change
Cambodia’s Minister of Water Resources and Meteorology, Thor Chetha, received a courtesy call from a delegation of the Asian Development Bank (ADB) led by Jyotsana Varma, Country Director of the ADB i…
Singapore’s $400 Million Investment Bolsters Cambodia’s Economic Development
Singapore stands as a pivotal trade and investment ally for Cambodia, with investments channeling approximately $400 million into the Cambodian economy over the past five years. Chea Vuthy, Secretary …
Bangladesh crisis: Bringing economy back on track top priority, says interim finance advisor Salehuddin Ahmed
“The immediate task of Bangladesh’s interim government is to bring the economy back on track so that it does not come to a standstill,” Finance and Planning advisor Salehuddin Ahmed has said. Former B…
Vietnam’s consistent viewpoint on market economy
The socialist-oriented market economy is Vietnam’s overarching economic model during its transition to socialism. This model represents a modern market economy that is internationally integrated…
Thai firm to invest US$1.5B for mega farm in PH
President Ferdinand R. Marcos Jr. thanked Thailand conglomerate Charoen Pokphand Group (CP Group) for its plan to invest some USD1.5 billion (around PHP87.5 billion) to help boost the Philippines̵…
Nepal’s PM Oli calls for new railway lines, waterway transport to improve connectivity
Nepal Prime Minister K P Oli is calling for the development of the country’s waterways and expansion of railway services to improve connectivity with India. He wants to start steamer services from Han…