After a couple of years of spectacular growth, tech start-ups and tech giants alike are now facing a less optimistic outlook. During the third quarter of 2022, venture capital (VC) investments and dea…
Economy
Asean Today – Dec 2022
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Indonesia eyes $11 bln in capital market fundraising this year
Indonesia is targeting 170 trillion rupiah ($10.92 billion) in capital market fundraising for this year, including from initial public offerings and debt instruments, its financial regulator said on M…
Navigating economic perfect storms
During the opening of the summit of G20 finance ministers and central-bank governors on October 12, 2022, I warned that the world is facing increasing and compounding risks from high inflation, weak g…
Asean at the crossroads: Reimagining the Asean Community
THE Association of Southeast Asian Nations (Asean) has recovered gradually from what seems to be the most severe phase of the Covid-19 pandemic crisis, but the region remains at a critical moment. New…
China is losing its place as the centre of the world’s supply chains. Here are 5 places supply chains are going instead
Global manufacturing powerhouse China’s rise as the world’s factory spanned over four decades and ushered in an era of globalization and integrated supply chains. But that facade started t…
From India to Kazakhstan, suddenly everyone is hunting for alternatives to the US Dollar
Several economies are chipping away at dollar use as a by-product of efforts to build new payment networks — a campaign that pre-dates the surging greenback. Smaller nations, including at least a doze…
India to build first rail link to Bhutan
INDIAN Railways (IR) plans to start construction next year on a 57km broad-gauge line connecting Kokrajhar in India to Gelephu in Bhutan. The cost of the project is estimated at Rs 10bn ($US 129.9m). …
Vietnam’s ‘Mini-China’ Days Are Numbered. It’s A Good Thing
Like clockwork, a place many like to think of as a “mini-China” stumbles spectacularly. One reason: investor sentiment on Vietnam tends to swing wildly from super bullish to super panicky about overhe…
Malaysia attracts nearly 44 billion USD in investment in first nine months of 2022
Malaysia has attracted a total 193.7 RM (nearly 44 billion USD) worth of approved investment from January to September this year, up a 2.5% increase compared to the same period last year, according to…