Australia and Indonesia are set to sign a free trade agreement, ending months of uncertainty around the deal. The Indonesian-Australian Comprehensive Economic Partnership Agreement (IA-CEPA) will be s…
Economy
Investors could channel up to US$4.9 billion into Rakhine this year
Foreign and domestic companies last week signed 28 expressions of interest (EOI) to conduct business worth a potential US$4.9 billion in the state this year. The bulk of the EOIs were signed by busine…
Asean Today – Feb 2019
https://www.youtube.com/watch?v=FeBQS2IrY9U…
$12 billion investment likely at ASEAN summit in Bengaluru
The three-day ASEAN Chambers of Commerce and Industry Business Meet opening in Bengaluru on Monday has already lined up investment proposals worth more than US $12 billion in various sectors including…
WTO warns of global trade slowdown as indicator hits nine-year low
A quarterly leading indicator of world merchandise trade slumped to its lowest reading in nine years on Tuesday, which should put policymakers on guard for a sharper slowdown if trade tensions continu…
World Bank commends the progress of Sri Lanka poverty alleviation programs
The World Bank has commended the progress achieved in the programs launched by Sri Lanka to alleviate poverty among rural masses. World Bank Vice President South Asia Region Dr. Hartwig Schafer, who w…
Nepal on the right path to development: Idah Pswarayi-Riddihough
Speaking at the inaugural ceremony of the Kantipur Conclave that kicked off in Kathmandu on Sunday, Idah Pswarayi-Riddihough, World Bank’s country director for Nepal, Sri Lanka and Maldives, said that…
US businesses eye investment opportunities in Myanmar
US investors are showing interest in Myanmar following recent efforts to open up and regulate several sectors of the economy, such as banking and finance, and education. Last Thursday, US Ambassador t…
Saudi Arabia’s crown prince begins Asia tour, pledges investment worth $20 billion in Pakistan
Crown Prince Mohammed bin Salman on Sunday said Saudi Arabia has signed investment agreements worth $20 billion during his high-profile visit to Pakistan, where tensions were flaring up with nuclear-a…
ASEAN business meet in Bengaluru from February 25
Bengaluru: The city will host ASEAN Chambers of Commerce & Industry Business Meet, under the aegis of the Federation of Karnataka Chambers of Commerce & Industry (FKCCI), between February 25…