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…
Economy
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…
China’s belt and road may accelerate exit of manufacturing to Vietnam and India, researchers warn
The trade war with the United States coupled with the “Belt and Road Initiative” has the potential to add further pressure to China’s sluggish economy and debt pile, according to researchers, as the b…
Cambodia embraces Belt and Road Initiative
President Xi Jinping’s announcement of the Belt and Road Initiative (BRI) in 2013 was widely welcomed by many Asian countries. Studies suggest that there is a significant need of infrastructure develo…
Belt & Road Forum declaration to incorporate projects for Nepal under the initiative
Nepal is expecting to have several of its projects identified by the government under China’s Belt and Road Initiative during the Second Belt and Road Forum for International Cooperation, being held i…
Thailand to the Forefront of Asia and ASEAN’s MICE Industry
Bangkok ranks second most sustainable MICE destination in Asia in the 2018 Global Destination Sustainability Index Thailand is now among the frontrunners in Asia and ASEAN in terms of MICE Education, …
Nearly 2 bln USD foreign investments enter Myanmar in first half of FY 2018-19
YANGON, April 20 (Xinhua) — Over 1.87 billion U.S. dollars of foreign investments entered Myanmar’s sectors in first half of present fiscal year 2018-2019, according to the figures from th…
Malaysia is back on the BRI
Malaysia will revive a US$34 billion Chinese-backed transport and property development that was abandoned in 2017, the prime minister said Friday, adding the project would contribute to Beijing’s glob…