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Economy
Asean’s digital economy to touch $330B by 2025
Asean’s digital economy which reached $194 billion in 2022 is now projected to rise to $330 billion by 2025. Disclosing this at the opening of the 2023 ASEAN Investment Forum (AIF) in Jakarta on Satur…
Vietnam joins Southeast Asian effort on cross-border payments
Vietnam’s central bank signed an agreement on Friday to be part of an initiative by five other Southeast Asian countries to establish a cross-border payments mechanisms between them. Vietnam wil…
Geely’s multi-billion ringgit bet on Malaysia part of Asean drive
Zhejiang Geely Holding Group Co Ltd’s planned multi-billion ringgit expansion in Malaysia, at the expense of Thailand, is a precursor to the group driving its footprint in Asean, industry specia…
Hidden Gem Of Asia: ‘Neglected’ Laos Can Be A Strategic Partner For India To Dominate S.E Asia, Corner China
The small, landlocked Southeast Asian country of Laos shares borders with Vietnam, Cambodia, Thailand, Myanmar, and China. Although a relatively small nation, Laos could be a strategic bastion for Ind…
Cambodia and the U.S. Indo-Pacific Strategy
Understanding the U.S. Indo-Pacific Strategy is crucial for countries like Cambodia, which find themselves at the crossroads of geopolitical interests and regional dynamics. The U.S. Indo-Pacific Stra…
Ports to UPI to green energy, India and Sri Lanka deepen economic ties
India and Sri Lanka on Friday adopted a ‘vision document’ for a deeper economic partnership after talks between Sri Lankan President Ranil Wickremesinghe and Prime Minister Narendra Modi here on Frida…
Anwar Unveils Plan to Reset Malaysia’s Economic Trajectory
Malaysian Prime Minister Anwar Ibrahim unveiled a plan Thursday to reset the Southeast Asian economy’s growth trajectory, with an eye on boosting incomes and participation of women in the workforce wh…
Laos to implement QR code transactions with Vietnam, Thailand, Cambodia
Governor of the Bank of Laos, Dr. Bounleua Sinxayvoravong, said that the use of QR code transactions will facilitate money transfers and payments by Lao workers and tourists in those countries and vic…
“This, in turn, could lead to better economic forecasting and policymaking.”
ASEAN nations are working together on a cross-border payments system that’s hoped to deepen financial inclusivity around the region Residents in Singapore, Indonesia, Malaysia and Thailand can n…