In recent years, Russia, which had not had much of a strategic or economic presence in Southeast Asia, has become a more involved player once again. It has cultivated close ties with Myanmar, regularl…
Economy
International Finance Corporation to boost investments in Sri Lanka
The International Finance Corporation is to boost its investments in Sri Lanka, with a focus on supporting private sector job creation, paving the way for robust investments to help spur the country’s…
India, Bangladesh To Soon Finalise Joint Study On Comprehensive Economic Partnership Agreement
India and Bangladesh on Friday (4 March) held a commerce secretary level meeting to discuss several issues including the finalisation of joint study on Comprehensive Economic Partnership Agreement (CE…
Binance and cuscapi berhad to take strategic stakes in mx global
MX Global Sdn. Bhd. (MX Global) today announced an equity investment into the company from Binance, the world’s largest cryptocurrency and blockchain ecosystem. In addition, MX Global also lande…
Bangladesh keen to engage more with Asean
Terming Bangladesh a geographically contiguous neighbour of the Asean, Prime Minister Sheikh Hasina has expressed her country’s keen interest in strengthening institutional engagements with the …
U.S. grant to Nepal swept up in superpower rivalry with China
Nepalese Prime Minister Sher Bahadur Deuba’s attempt to ratify an American infrastructure grant has laid bare yet another friction point between the U.S. and China, while threatening to unravel …
Philippines optimistic of tourism revival as overseas travelers trickle back
Philippine officials on Monday said the country has welcomed nearly 22,000 international travelers since reopening, with hopes this trend will accelerate the revival of a tourism industry decimated by…
Philippines to allow 100% foreign ownership in further infrastructure sectors
The Congress of the Philippines has ratified a bill to amend the Public Service Act (PSA) to allow up to 100% foreign ownership in the telecommunications, airlines and railways sectors. Under the revi…
Malaysia economy likely returned to growth in Q4, Omicron a threat
Malaysia’s economy likely bounced back to growth in the final quarter of 2021, propelled by strong exports and private investments, but the fast-spreading Omicron coronavirus variant poses a thr…
Will Crypto Expansion Continue In Emerging Markets This Year?
Emerging markets were at the forefront of last year’s massive growth in global cryptocurrency adoption. With this growth widely tipped to continue into 2022, a range of countries will see their crypto…