The bank’s announcement comes as Sri Lanka is awaiting International Monetary Fund approval for the second installment of a $2.9-billion bailout package to rescue the country from bankruptcy. Th…
Economy
Bridge this deficit between India and Sri Lanka
The relationship between India and Sri Lanka in the areas of infrastructure development, energy links and trade should be much deeper than what it is now The announcement by Sri Lanka’s President Rani…
How Indian economy has silenced ‘perennial pessimists’
NRI economists with their Western tinted glasses often seem to revel in India’s economic hiccups, gleefully pointing out every stumble as if it were the end of the world. It’s almost as if they enjoy …
India, not China, to be Asia-Pacific’s growth engine: S&P Global Ratings’ report
Asia-Pacific’s growth engine is expected to shift from China to South and Southeast Asia with India at the helm to see its gross domestic product (GDP) growing to 7% by 2026, according to a S&P G…
Watch Asean Economic Outlook on Bloomberg
https://www.bloomberg.com/news/videos/2023-12-04/hsbc-s-liu-on-asean-economic-outlook-video…
Beyond security: U.S. pulls Manila closer via economic cooperation
When Philippine President Ferdinand Marcos Jr. returns home this week from an extended trip to the United States, his greatest achievement will not be securing new security pledges amid a worsening te…
Why Australia needs to take ASEAN seriously
The push for ASEAN membership, which has been gaining momentum in recent years, is rooted in Australia’s desire to deepen its regional integration and foster closer ties with Southeast Asian nations. …
US$400 million ADB loan to boost Philippines’ revenue mobilisation
The Asian Development Bank (ADB) has approved a US$400 million loan to help the Philippines achieve its medium-term fiscal strategy and finance its post-pandemic economic recovery through a stronger f…
Cambodia launches five-year circular strategy on environment
Cambodia on November 15 launched a circular strategy on environment for 2023-2028, aiming to ensure environmental sustainability and promote a green economy. Speaking at the launching event, Environme…
Airlangga discusses digital trends, low-carbon economic growth with Silicon Valley CEOs
As part of President Joko “Jokowi” Widodo’s working visit to Stanford University on the sidelines of the APEC Summit in San Francisco, the United States, Jokowi held a meeting with CEOs from maj…