The parliament of Vietnam has approved a stimulus package worth 347 trillion VND (US$ 15.3 billion) for those severely affected by the Covid-19 pandemic, especially businesses as well as expanding inf…
Economy
Bangladesh’s biggest international trade fair kicks off at Chinese-built venue
The 26th edition of the Dhaka International Trade Fair (DITF), the largest annual commercial and trade event in Bangladesh, kicked off on Saturday at a mega Chinese-built new venue. The trade fair, wh…
Asean Today – Dec 2021
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World’s largest free trade deal takes effect on first day of 2022
The Regional Comprehensive Economic Partnership (RCEP) agreement, the world’s largest free trade agreement, entered into force on Saturday, injecting vitality into multilateralism and free trade…
Intel’s US$7 bil Penang investment will compel Malaysia’s semiconductor ecosystem to level up
It is the story of the year for Malaysia’s tech ecosystem. Intel Corporation US$7.1 billion (RM30 billion) investment into Malaysia, spread over 10 years, sent a jolt of excitement through the ecosyst…
Non-resident Bangladeshi investment potentials lie untapped
Nearly 2.4 million Bangladeshis are estimated to be living abroad permanently, either as citizens or on long-term permits, but there has been very little effort by the government to tap this huge sour…
Nepal receives investment pledges for 30 billion in five months
21Nepal has received foreign investment commitment of Rs 30 billion in the first five months of the current fiscal year that began on July16.According to the data unveiled by the Department of Industr…
Bangladesh outdoes China, Vietnam in apparel export growth in US
Bangladesh has outnumbered China, Vietnam and Indonesia in terms of growth in apparel exports to the United States in January-October this year, with many US buyers shifting orders to the supplier cou…
Bangladesh at 50: On the Path to Becoming a Middle Power
Bangladesh at 50 is a transformed Asian tiger that is looking to build on its ambition of exerting more power in regional and global politics. A string of economic successes – especially its forthcomi…
ADB raises 2022 forecast for Bangladesh
The Asian Development Bank has raised the 2022 forecast for Bangladesh. In Bangladesh, exports and imports grew more than projected in the ADB’s 2021 update thanks to a surge in global demand fo…