Sri Lankan central bank governor Nandalal Weerasinghe told media on Sunday that the country’s “dollar crisis” is over, as the IMF is set to approve a $2.9 billion bailout package for…
Economy
Philippines: ‘Gold rush’ in renewable energy projects
Law allows 100% foreign ownership of green power generation projects This poses a threat to the country’s energy security. Yet it also creates a fresh opportunity — to grow the multi-billion-dol…
Bilateral trade in rupee to gather pace soon
India’s foreign exchange reserves fell $2.4 billion to $560 billion for the week ended March 10, their lowest since early December. trade, economy The RBI has allowed invoicing and payments for intern…
Malaysia looks east to Korea for future economic growth
Malaysia is one of the Southeast Asian countries that turned its gaze toward the East earlier than its neighbors. It has celebrated the 40th anniversary of its Look East Policy (LEP), which aimed to g…
Investment opportunities available amid foreign banking turmoil: Analysts
While the recent bankruptcies in the international banking sector have raised concerns, not all banks are exposed to the same risks, and well-managed institutions may be unfairly punished by the marke…
Cambodia closer to renewable electricity exports to Singapore
Royal Group Power Co Ltd (RGP) – a subsidiary of locally-owned conglomerate Royal Group of Companies Ltd (RGC) – and Singapore’s Keppel Energy Pte Ltd (KE) have entered into a Power Purchase and Expor…
PM Hasina seeks more energy from Qatar
The premier also said Bangladesh is setting up 100 economic zones and different countries are making investment there Prime Minister Sheikh Hasina on Sunday sought increased energy particularly Liquef…
China-Russia Trade Breakdown and Future Development Trends
China-Russia 2022 Bilateral Trade The Main Customs Administration of China has summed up the results of 2022: For the first time in its history, Russia became one of China’s top ten trade partners, wh…
The ongoing Russia-Ukraine conflict: Impact on Southeast Asia
The Ukraine conflict questions the very notions of a rules-based international order, respect for territorial sovereignty of other countries, and the core principles which underline the concept of a F…
Sri Lanka’s IMF deal edges closer as China backs debt restructure
China has agreed to support Sri Lanka’s debt restructuring in a crucial step towards securing a $2.9bn IMF rescue package and pulling the country out of an economic crisis. Confirming Beijing’s move o…