Sri Lanka’s economy rebounded strongly in the fourth quarter of 2023 from the island nation’s unprecedented financial crisis as tourism arrivals rose, the government said Saturday. Agriculture, indust…
Economy
Observers: US Investments in Philippines Seen Easing Reliance on China
During a trade mission visit to Manila this week, U.S. Commerce Secretary Gina Raimondo announced plans to invest more than $1 billion in the Philippines’ tech sector and help double the number of sem…
China’s Debt Trap Makes Nepal Decline Beijing’s ‘Global Security Initiative’
The poorly constructed Pokhara airport, which has engulfed Nepal in massive debt, illustrates the risks of importing China’s infrastructure-at-any-cost model. A year ago in my February 2023 JAPA…
Electricity exports propel Laos to trade surplus, marking record growth
Laos has recorded a significant surge in its annual trade, reaching a total value of over US$15.5 billion in 2023. The figures, released by the Lao Trade Portal, highlight a 3.5 per cent increase comp…
The parts within thewhole: UnderstandingSoutheast Asia’s economies
Southeast Asia is home to almost 700 million people and collectively amounts to the fifth-largest economy in the world. Over the past two years, it has grown between 4-5 per cent, close to the growth …
India signs trade agreement with EFTA: What is the significance of the deal?
India on Sunday (March 10) signed a trade agreement with the four-nation European Free Trade Association (EFTA), an intergovernmental grouping of Iceland, Liechtenstein, Norway and Switzerland. The de…
Vietnam invests over 3.7 billion USD in Development Triangle provinces of Laos, Cambodia
Vietnam has invested over 3.7 billion USD in 110 projects in the Lao and Cambodian provinces located in the three countries’ Development Triangle so far, statistics show. The Vietnamese Ministry of Pl…
Bangladesh gradually overcoming economic crisis
Finance Minister Abul Hassan Mahmood Ali on Monday said that Bangladesh is gradually overcoming the ongoing challenges and crisis surrounding the country’s economy. “Although crisis is the…
India’s 10 most-valued firms command higher m-cap than GDP of 6 South Asian economies
India’s 10 most-valued stocks including Reliance Industries Ltd (RIL), Tata Consultancy Services Ltd (TCS), HDFC Bank Ltd and Infosys Ltd were together worth nearly $1.1 trillion (or Rs 89,97,84…
8 things to understand about the Nepali economy
Looking back at the last two centuries, it is evident that the Nepali economy has never enjoyed prosperity. However, it has never been as bad as it has been over the past two years. With a lack of emp…