Malaysia’s finance minister on Friday announced fresh incentives to lure foreign investors looking for safe havens in Asia amid the US-China trade war, as he unveiled a budget containing “pre-emptive”…
Economy
ASEAN’s Indo-Pacific ‘can reduce friction’
One of the roles of the newly launched ASEAN Outlook on the Indo-Pacific is to reduce frictions between members and partner countries, as well as tendencies to establish potential “new blocks…
Government to facilitate business and investment in Nepal
The government is committed to facilitate business and investment in Nepal, according to Baikuntha Aryal, secretary at the Ministry of Industry, Commerce and Supplies. Addressing the first Nepal Germa…
Việt Nam remains frontier market: FTSE Russell
Global provider of benchmarks, analytics and data solutions FTSE Russell last week kept Việt Nam on its watch list as a frontier market. Việt Nam was added to the watch list a year ago for possible re…
Malaysian PM urges ASEAN to learn from China, defends free trade
Malaysian Prime Minister Mahathir Mohamad on Friday said the Association of Southeast Asian Nations (ASEAN) countries should follow China’s example to boost the regional economy while voicing st…
Myanmar on track for economic growth, says ADB
The Asian Development Bank (ADB) has released its report on economic outlook of the region, including Myanmar, for this year. The Asian Development Outlook 2019 Update report, released on Wednesday in…
Malaysia to Require Banks to Report Exposure to Climate Risks
Malaysia’s central bank governor said financial institutions will be required to report their exposure to climate risks and the information it gathers could be used to set regulatory standards i…
South Korea Expected to Conclude FTAs with Philippines, Malaysia and Indonesia in Nov.
The Blue House of South Korea announced on Sep. 22 that the country is likely to sign free trade agreements with Indonesia, Malaysia and the Philippines at the special ASEAN summit scheduled for Nov. …
Việt Nam ranked in top countries for investment
Việt Nam has climbed in the ranking of best countries in which to invest this year, surpassing other Southeast Asian nations, such as Malaysia, Singapore and Indonesia. A recent report by the US News …
Malaysia fast-tracks investments to win trade-war business
Malaysia has set up a panel to fast-track investments as it seeks to woo businesses affected by the China trade dispute and it approved more than $500 million in new proposals this month, a government…