The Asian Development Bank (ADB) will provide a $600 million policy-based loan (PBL) to the Government of Bangladesh, with a package of structural reforms supporting mobilization of domestic resources…
Economy
Tech, talent and Trump pose risks to Vietnam’s economic strategy
Vietnam, one of Southeast Asia’s star performers, finds itself facing an all-too-common problem. Having rapidly grown its economy by bringing its workforce into low value-added manufacturing jobs, Vie…
Sri Lanka: Elections pave the way for a new political era amid an economic crisis
Event Centre-left candidate Anura Kumara Dissanayake became the surprise new president of Sri Lanka after winning the elections on 21 September. Then, less than two months later, his National People&#…
Opinion: Is Cambodia Poised to Become Southeast Asia’s Next Financial Hub?
As international capital continues flowing into Southeast Asia, ASEAN is increasingly seen as the next global economic growth center. In recent years, Cambodia’s economic growth has strengthened its r…
How India Is Gaining Big Amid Bangladesh’s Textile Trouble
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What ASEAN businesses can expect after Trump’s election win
As Donald Trump prepares to take office as the 47th President of the United States, the ASEAN businesses are bracing for potential shifts on trade and tariffs, even if experts suggest the changes may …
Weekly Rubber Report – 2 Dec 2024
Market Fundamentals: The Dollar Index (USDX) topped off 108.00 recently and declined last week. Traders expect another FOMC rate cut on 18 December before year-end. Market fund is likely to return to …
Commodity Market Report – 2 Dec 2024
Gold spot prices fizzled out from USD2721 /oz last week. Moving forward, we reckon the market will stay weak and trade lower within USD2700 – USD2760 /oz. By market correlation, we expect a technical …
Why Vietnam risks ending up a big loser from Donald Trump’s tariffs
Vietnam was one of the biggest beneficiaries of Donald Trump’s trade war with China during his first term in office. But Hanoi could become a victim of its own good fortune, business groups and analys…
Sri Lanka govt ratifies debt restructuring agreement for $ 14.2 bn
Sri Lanka’s new government on Tuesday announced that it has ratified the agreement for debt restructuring sealed in the previous regime for USD 14.2 billion compulsory to maintain debt sustainab…