Microsoft (MSFT.O) said on Thursday it will invest $2.2 billion over the next four years in Malaysia to expand cloud and artificial intelligence (AI) services in the company’s latest push to pro…
Asean overtakes China for manufacturing FDI
Manufacturing investment in the Association of South-East Asian Nations (Asean) is booming. Asean has become a key target region for multinationals and vitally important in an era of global power comp…
Energy, Sustainability & Resilience: Lessons From Bhutan & Bangladesh
While hiking this past November to Chumphu Nye Temple in Bhutan, a kingdom of 780,000 perched between China and India, I noted power lines all along our three-mile walk. Nature in all directions — and…
Asean+3 seen providing 45% of global growth till 2030
The Association of Southeast Asian Nations Plus three (Asean+3) Finance Ministers and Central Bank Governors expect the region to contribute nearly half of global growth until 2030. The Asean+3 Financ…
Thailand, Malaysia eye aviation leadership amid soaring growth
The winds of progress in the aviation sector are blowing strong across Asia-Pacific, with ambitious plans taking shape in Malaysia and Thailand. Malaysia is setting its sights on becoming an aerospace…
Vietnam’s FPT to invest $200 million in AI factory using Nvidia chips
Vietnam’s top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia’s graphics chips and software, the two firms said on Tuesday. FPT plans to use N…
Transforming agricultural insurance in the Philippines to help farmers cope with natural disasters: Three essential reform areas
Sitting down with farmers in Bicol early this year, we heard a clear message: “We suffer many losses after disasters; reliable agricultural insurance could be our financial safety net,” they say…
Nepal deserves global attention as a promising investment destination
Yingming Yang is the vice-president of the Asian Development Bank’s South, Central and West Asia regions. He joined ADB in January 2024. Yang is responsible for operations in the bank’s South Asia and…
Malaysia plans major digital technology investment
The Malaysian government has announced some ambitious investment plans to raise the country’s profile in digital technology in the coming years. The most eye-catching headline comes in the form of pla…
Asean overtakes China for manufacturing FDI
Manufacturing investment in the Association of South-East Asian Nations (Asean) is booming. Asean has become a key target region for multinationals and vitally important in an era of global power comp…