After almost a year of review, the Biden administration finally released its verdict on Vietnam’s “Non-Market Economy” (NME) status. The U.S. Department of Commerce concluded that it would not lift Vi…
Iran Proposes Joint Mineral Economic Zone with Afghanistan
The Ministry of Industry and Commerce has announced that a delegation from Iran, during a meeting with the acting minister, proposed an investment in establishing a special joint mineral economic zone…
The Singapore–Malaysia–Indonesia triangle can be a data centre powerhouse
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…