Foreign Minister Dr AK Abdul Momen said the nation should be prepared with skills, education and infrastructure as a major shift is taking place in the world economy. “To gain from this change, …
Economy
Malaysia welcomes UN resolution on Myanmar
Malaysia has welcomed the adoption of a resolution by the United Nations General Assembly (UNGA), on Friday calling for peace and the return of normalcy in Myanmar. The resolution which was adopted by…
How Bangladesh became Standout Star in South Asia Amidst Covid-19
Bangladesh, the shining model of development in South Asia, becomes everyone’s economic darling amidst Covid-19. The per capita income of Bangladesh in the fiscal year 2020-21 is higher than that of m…
Digitial path to social buffers in Nepal
Worldwide, the impact of Covid-19 underscores the need for more social security buffers built upon the access to four basic services: affordable credit, reliable saving and pensions options, life and …
The Global Economy: on Track for Strong but Uneven Growth as COVID-19 Still Weighs
A year and a half since the onset of the COVID-19 pandemic, the global economy is poised to stage its most robust post-recession recovery in 80 years in 2021. But the rebound is expected to be uneven …
Bangladesh goes from basket case to rising star
May 25 was a historic day for the small South Asian country of Bangladesh, when its central bank approved a $200 million currency swap facility for the nearby island economy of Sri Lanka. Last month, …
Virginia Tech Research Explores Climate Change and the Future of Food in Nepal
When you think of Nepal, you might imagine people climbing Mount Everest, the world’s highest mountain above sea level. However, people aren’t the only ones scaling the vast and varied elevations of t…
Is Southeast Asia ready for a US-China tech decoupling?
Recent developments suggest that both China and the United States are taking steps towards unravelling or “decoupling” their technology ecosystems. Nowhere has this been more evident than in the semic…
Myanmar coup and crisis cause major damage to its economy
The continued civic unrest after the military coup has ravaged Myanmar and its economy, with massive losses across all economic indicators, including Thailand’s exports to its troubled neighbour. This…
Renewed Covid outbreak in Asia is not a big worry, says Citi strategist
The renewed rise in Covid-19 cases across Asia is not a big worry and the region’s economy will get back on track when the outbreak eases, said an investment strategist from Citi Private Bank. Against…