The Asian Development Bank has said the economic outlook for South Asia is dampened by new waves of COVID-19, but the Bangladesh economy is recovering. The country’s exports in the first 11 months of …
Economy
Nepal creates short-term jobs for tourism workers amid COVID-19
With a large number of workers in the tourism industry rendered unemployed amid the devastating COVID-19 pandemic, the Nepal Tourism Board is implementing a program to provide temporary employment to …
MDEC aims to boost Malaysia’s digital economy with DIF5 by generating RM50bn worth of investments, and more
The five-year plan is also targeting to provide 50,000 high-value jobs in the MSC, Malaysia’s high-technology business district. To enhance Malaysia’s digital economy by 2025, the Malaysia Digital Eco…
Malaysia Smart City Outlook
Executive Summary More than 60% of the world population live in cities. Today, there is an overwhelming desire globally to create substantially better urban living and working conditions. Moves toward…
What most angel investors misunderstand about tech startups in Asean
Sky-high valuations in ASEAN in recent years have led to ten unicorns emerging from the region. Post-Covid, the forced digitisation of various industries – namely automation for SMEs and a beefe…
Asean Today – June 2021
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On China’s Doorstep, Laos Plays a Careful Game of Balancing
Recent years have witnessed much concern about the expanding scale of China’s influence within Laos. Almost half of Laos’ total public debt is now held by China. The Chinese state-owned company China …
China outspends US in ASEAN investment blitz
China plans to open a big solar panel module plant in Malaysia and build a 580 km highway in Laos, part of a charm offensive as the U.S. steps up efforts to counter Beijing’s influence in Southe…
Vietnam posts high economic growth in six months despite Covid-19
Although the GDP expansion was lower than the target set by the Government, it was much higher than 1.82 percent recorded in the same period last year. This showed the effective policies, strategies a…
Malaysia PM Launches MyAssist MSME to Address SME Digitalisation Needs
Tan Sri Muhyiddin Yassin has launched the MyAssist MSME Portal, a one-stop centre and new norm solution for business facilitation needs of the small and medium-sized enterprises (SMEs). The Prime Mini…