We are past the halfway mark in 2024, and diversifying the range of international investment into Cambodia has been a key shift of the government under Prime Minister Hun Manet and part of the Pentago…
Bangladesh prefers India over China in $1 billion river project
Bangladesh Prime Minister Sheikh Hasina said her government would prefer neighboring India execute a $1 billion river development project, a move that would soothe New Delhi’s security concerns. “Chin…
Bangladesh’s Tough Tightrope Walk Between India and China
Bangladesh Prime Minister Sheikh Hasina’s visit to China to Dhaka on July 8-10 was her fifth to that country and her first in five years. The China visit came close on the heels of her recent visits t…
Why global tech giants consider Vietnam but choose to invest elsewhere
According to its recent report to the government, after Vietnam started applying the global minimum tax of 15% in January, many multinationals operating or planning to enter the country sought financi…
Sri Lanka’s Debt Restructuring Deal: Economic Relief or Creditor Windfall?
Close on the heels of agreements with key bilateral lenders, the Sri Lankan government last week announced that it has reached debt restructuring agreements with commercial creditors (those who have b…
Philippines on track with nuclear energy targets
Households may soon be powered by nuclear energy as the Philippines gears up for the safe utilization of nuclear energy for power generation, according to Energy Secretary Raphael Lotilla. Lotilla sai…
Moving Beyond GDP Towards a Human Rights Economy
It’s time to change the metric by which much of the world traditionally measures economic wellbeing: gross domestic product (GDP). The drive for steadily higher GDP growth is fueling environmental dis…
Highly attractive investment’: Shell hails start-up of Malaysia offshore project
UK supermajor Shell has hailed the Jerun gas field offshore Malaysia that came on stream earlier this week as a “highly attractive investment”. Shell has a 30% interest in SapuraOMV Upstream’s Block S…
Malaysia Targets 40% Renewable Energy by 2035
Malaysia has announced its intention to achieve 40% renewable energy capacity by 2035. This ambition is underpinned by a recent analysis by GlobalData, revealing the country’s significant yet untapped…
Cambodia starts to flex its muscles
The Funan Techo Canal — a US$1.7 billion (62 billion baht) waterway — reflects Cambodia’s growing confidence and assertiveness in pursuing national interests. This water infrastructu…