Myanmar has seen the worst humanitarian crisis following the power grab by the country’s Junta in 2021. The international community must not turn a blind eye towards the suffering populace of this con…
Economy
Nepal to become a centre of excellence in sustainable hydropower with new partnership
The International Hydropower Association’s (IHA) sustainability team and the Nepal Hydropower Association have partnered to train over 60 professionals on the Hydropower Sustainability Standard. Suppo…
AWS expands SEA footprint with a cloud region and US$6 billion investment in Malaysia
Amazon Web Services (AWS), the cloud computing arm of Amazon.com, Inc., will launch a new cloud region in Malaysia, expanding its footprint in the Southeast Asian region. The cloud giant is also commi…
Bangladesh reassesses its Belt and Road Initiative strategy with China as the US offers a new alternative
Bangladesh ranked 54 in the China Index. Screenshot from the China Index 2022 website. Fair use. In 2015, Bangladesh became part of the Chinese global infrastructure development strategy known as the …
Lessons for Bangladesh’s economy
In recent times, the global economy has endured far-reaching macroeconomic shocks ranging from pandemic-induced disruptions, severe climatic events, and geopolitical tensions to an active war with a c…
RCEP: Boon or Bane for Marcos’s Government?
After almost two years of shillyshallying, the Philippines is joining the Regional Comprehensive Economic Partnership (RCEP) as the last of the present 14-member Asia-Pacific free trade grouping. The …
India set to become 3rd largest economy in 5 years; says Goyal; hails PM Modi’s 2019 snub to RCEP
India would become the third largest economy in the world in the next five years and by 2047 could be at the level the United States of America is at present, Union Minister Piyush Goyal said on Satur…
Adani Green Energy to set up wind power project in Sri Lanka
Sri Lanka on Thursday announced that it has approved $442 million wind power project by Adani group’s Adani Green Energy. This the first major foreign investment by cash strapped country. Sri La…
Malaysia GDP grew 7% in 4th quarter, beating forecasts
Malaysia’s economy outperformed expectations in the fourth quarter, partly thanks to strong domestic demand, and the central bank said it expected the country to avoid a recession amid a global …
Asean Today – Feb 2023
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