The 6th meeting of tourism ministers of Cambodia, Laos, Myanmar and Vietnam (CLMV) in Cambodia on November 3 adopted a three-year action programme on tourism cooperation which further focuses on promo…
Economy
IMF pins hopes on Asia amid dimming global economy
Asia remains a relative bright spot in an increasingly dimming global economy, the International Monetary Fund said on Friday as it announced cuts in its Asia-Pacific growth projections. The IMF cut i…
India tops world ranking in digital payments
India, which is driving the global digital economy, has already clocked about 70 billion digital payment transactions in 2022—the highest in the world. This is a sharp increase from the corresponding …
Asia could be a bright spot amid global downturn next year, economists say
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, economists say. The strong economic rebound in Asia earlier this year h…
Philippines Strengthens Its Regional Fintech Presence with First ASEAN Fintech Festival
It also supports the growth of the country’s digital economy which is projected to to reach P5 trillion by 2030. Throughout the week, the DPF will also bring together more than 200 prominent ASEAN lea…
Bharat remains world’s fastest-growing economy, despite IMF cutting growth projection
Even though the International Monetary Fund has cut Bharat’s growth projection for this financial year to 6.8 per cent, it remains the fastest-growing major economy in a world facing a massive slowdow…
For China, Malaysia’s digital economy is first stop in ‘value added’ campaign to bolster trade routes
The fast-growing US$21 billion digital economy of Malaysia stands to get an infusion of Chinese capital as a nearly decade-old effort by Beijing to develop infrastructure overseas shifts more toward n…
India revives its standing among neighbors
After nearly two decades of ups and downs in the region, India has begun to reassert its influence among its smaller neighbors. China has failed to show up as partners like Pakistan and Sri Lanka face…
Asean Today – Sept 2022
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