Heralding his ‘Neighbourhood First’ policy when he was first sworn in on 26 May 2014 itself, Indian Prime Minister Narendra Modi had then invited national leaders from all the eight South Asian countr…
Economy
Taste for Western diet reshapes trade in Myanmar
THE arrival of a large cargo of American wheat at Myanmar’s newly opened port signals its leap into the global grain trade as the country’s demand for Western food rises. The bulk carrier …
Why Asian Countries Turn to BRI For Infrastructure Investment
The second Belt and Road Forum, held in Beijing from April 25-27, 2019, retold and enlarged the complex story of China’s Belt and Road Initiative (BRI) which was inaugurated by President Xi Jinping in…
Johor to attract China manufacturers affected by ongoing trade war
JOHOR BARU: Johor stands to gain from the ongoing US-China trade war by luring Chinese manufacturers that will be badly affected by it. State International Trade, Investment and Utility Committee chai…
Myanmar gears up investment promotion with ‘bold’ plan
Though some international companies are still in a wait-and-see mood before pouring their money into Myanmar, the nation remains confident that it can attract heavy investment this year, thanks to its…
2020s to be the decade of Asian economies: Standard Chartered
Asia is set to dominate the world in terms of growth as, according to Standard Chartered, most of its economies are expected to sustain a growth rate of nearly 7 percent throughout the 2020s, Bloomber…
Singapore surpasses China as Myanmar’s biggest investor
Singapore has overtaken China as the country’s main source of foreign investment in 2019, according to data from the Ministry of Investment and Foreign Economic Relations. At a meeting on streamlining…
Malaysia keen to be commerce gateway for ASEAN, China
Delivering a keynote speech at the launch of Malaysia’s first commodities e-commerce trading platform on May 2, Mahathir said Malaysia’s location in ASEAN and its long-standing cultural ti…
Private economy – a driving force for Hanoi
Hanoi (VNA) – The private sector is seen as a mainstay of Hanoi’s economic development as the nearly 250,000 firms make up 40 percent of gross domestic product (GDP) and generate jobs for over 50 perc…
Xi’s Belt and Road rakes in US$64 billion
Chinese President Xi Jinping said Saturday US$64 billion in deals were signed at a summit on his Belt and Road Initiative (BRI) and more nations would join the global infrastructure programme as he so…