ASEAN central bankers are setting up direct settlement systems that use local currencies, in a bid to reduce transaction costs and exposures to global volatility. The central banks of Thailand, Indone…
Economy
Asean Today – Mar 2019
https://www.youtube.com/watch?v=n4K43P3oSKk…
Unexpected bounce in China’s factory activity, but Asia broadly weak
Factory activity in China showed a slight, surprising recovery last month, in a sign that stimulus injected into Asia’s growth engine may be yielding results, but worries of a global slowdown persiste…
Nepal: Govt excited after Investment Summit: PM Oli
Prime Minister KP Sharma Oli has said the government was excited after the investment summit. Talking to media persons at Biratnagar airport Sunday, Prime Minister Oli said the considerable participat…
Sri Lanka plans 6,000 acre investment zone in Monaragala: PM
Sri Lanka is planning a 6,000 acre industrial zone in Monaragala as well a total of 6,000 acres of industrial areas in Hambantota, Prime Minister Ranil Wickremesinghe has said. “The industrial z…
Opportunities in the halal economy
The word “halal”, or what is deemed permissible in Islam, used to be applied to mainly food and drink. But today, it encompasses a much broader area of products and services, including healthcare, tra…
Grow with Grab will help micro-entrepreneurs and SMEs scale in ASEAN
It made its name as a ride-hailing business that took Southeast Asia by storm, but since then Grab has expanded into payment solutions, and now it will be launching a service for SME lending and micro…
Japan to propose G20 aid rules to check China’s Belt and Road
Japan will propose new guidelines on development assistance when it hosts the Group of 20 summit in June, as it tries to check China’s growing influence through infrastructure projects, sources …
China to aid Mekong’s development
China has pledged to work closely with Thailand under the Lancang-Mekong Cooperation (LMC) framework to help promote the development of the Mekong Basin region. The pledge was conveyed by China’…
Asean’s challenges and potentials
The current and future role of Asean has recently been discussed among academic scholars, political analysts and Asean leaders. The challenges that Asean is facing, such as the South China Sea dispute…