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…
Economy
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…
Indonesia’s Economy Grows—and So Does Its Global Appeal
Global firms such as Dentons, Norton Rose Fulbright and White & Case, as well as Big Four accounting firms KPMG and PricewaterhouseCoopers, have in recent years formed alliances with Jakarta-base…
Bangladesh: ADB keen to finance economic corridors
The Asian Development Bank (ADB) has suggested that Bangladesh should adopt a legislation towards establishing dedicated authorities for development and management of its economic corridors. Under a s…
Thailand to unveil ‘relocation package’ to woo firms hurt by trade war
Thailand is planning a “relocation package” of incentives to attract foreign companies looking to move production from China, officials said, seeking to compete with Vietnam to woo manufac…
Malaysian investors attracted to Myanmar despite rift over Rakhine
Investors from Malaysia say they are attracted to Myanmar’s agriculture and other industries despite the rift between the two governments since the northern Rakhine crisis. “Malaysian businesses are k…