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Economy
US offers Sri Lanka technical assistance for capacity building and skill development to improve bilateral trade
The US has expressed willingness to offer their cooperation in providing technical assistance for capacity building and skill development in several areas to improve bilateral trade during trade talks…
Great Expectations: ASEAN and the Indo-Pacific Concept
After France unveiled the latest version of its policy in the Indo-Pacific (“France and security in the Indo-Pacific”) in May 2019, and after the United States published its updated “Indo-Pacific Stra…
Japan still leads in Southeast Asia infrastructure race, even as China ramps up belt and road investments: report
Japan is still leading the Southeast Asia infrastructure race against China, with pending projects worth almost one-and-a-half times its rival, according to the latest data from Fitch Solutions. Japan…
South Korea: Domestic investors exit China to invest in Vietnam
Domestic funds are eyeing emerging economies in Southeast Asia as Korea has reached its growth peak due to low interest rates and a decline in investment returns. The trend is in stark contrast to inv…
Malaysia’s economic direction is now clearer
Malaysia’s current focus on free market, quality investment and high productivity is expected to have significant impacts on economic growth this year despite temporary chaos during the transition per…
Malaysia: Socso plans to extend contribution to farmers, rubber smallholders and fishermen
The Human Resource Ministry plans to extend the personal and family protection scheme through Social Security Organisation (Socso) contributions to farmers, rubber smallholders and fishermen. Its depu…
Myanmar and Lao to get infrastructure boost
Myanmar and Lao PDR look to be the biggest winners of an ASEAN plan to boost connectivity with a series of infrastructure projects. The regional bloc unveiled a list of 19 projects in the Initial Roll…
Malaysia’s newest industrial park draws Japanese investment
A government-backed industrial park meant to raise the productivity of Malaysian manufacturing opened here Monday with new facilities for electronics maker Konica Minolta and port operator Kamigumi. T…
Vietnam set for Asean’s fastest growth: report
Vietnam’s economy has been forecast to grow at around 6.7 per cent this year, the fastest rate in Asean, according to the UK Institute of Chartered Accountants’ Economic Insight report. The report sai…