China’s commitment to invest a record RM170 billion in Malaysia is set to provide a massive boost to our economy for years to come. The investment follows 19 memoranda of understanding (MoUs) si…
Economy
Making the IMF Work for Sri Lankans
The government of Sri Lanka is negotiating a large conditional loan from the IMF. A formal agreement is likely to be signed within weeks once all the main creditors provide the IMF with adequate assur…
Asian fintech rises above global investment dip
Fintech companies suffered a difficult period, globally, last year, as soaring inflation and rising interest rates prompted investors to pull back from the sector. Large parts of the industry strugg…
India’s progress can create new opportunities for Ugandan businesses: EAM Jaishankar
Jaishankar is on a two-nation visit to Uganda and Mozambique from April 10-15 to strengthen India’s strong bilateral ties with the two African countries Kampala: India’s progress and prosperity can cr…
What China’s RM 170 Billion Investment Commitment Means for Malaysia
During a recent trip to China, Malaysian Prime Minister Anwar Ibrahim announced that he had secured 19 memoranda of understanding from Chinese entities reflecting an investment commitment of RM 170 bi…
Sri Lanka’s economy to contract before recovery in 2024 – ADB
The Asian Development Bank’s (ADB) annual flagship economic publication, the Asian Development Outlook (ADO) April 2023, forecasts Sri Lanka’s economy to contract further in 2023 before it begins a gr…
Malaysia secures record of Chinese investment commitment
Malaysian Prime Minister Anwar Ibrahim has announced that the country has secured a record of 170 billion RM (38.53 billion USD) worth of investment commitments from China. During his visit to China f…
Malaysia, China ink partnership to stabilise palm oil supply chain
MALAYSIA said on Sunday (Apr 2) that it has signed a memorandum of understanding with a China government-backed trade association to enhance palm oil trade and cooperation. The Malaysian Palm Oil Boar…
Vietnam invests in new rail line to connect with China-Laos railway
Vietnamese infrastructure investor DEOCA Group and Laos oil trading company PTL have signed a joint venture agreement to conduct a study on constructing a railway between Vietnam-Laos. The main target…
The Tourism Recovery in South East Asia: Twelve Months On
Endemic is not a word you tend to hear today. Rewind twelve months, and it was hard to avoid throughout South East Asia. Politicians talked frequently about “a transition to endemic.” With target vacc…