China is unleashing its buying power to lure Myanmar, Singapore and rest of Asean (Association of South East Asian Nations) to its side within two weeks of inaugurating a rail-road linkage with Myanma…
Economy
World Bank highlights opportunities, risks for Lao economic recovery
The Lao economy is projected to steadily recover in the medium-term, but growth will remain below pre-pandemic levels at 4.5 per cent in 2022, according to a new World Bank report. The World Bank’s “E…
Malaysia will start treating Covid as ‘endemic’ around end-October, trade minister says
Malaysia will start treating Covid-19 as an endemic disease around the end of October, the country’s International Trade and Industry Minister Mohamed Azmin Ali said Tuesday. Covid would be endemic wh…
Vietnam business news august 29
Vietnamese firms invested US$575 million abroad over the last eight months of 2021, a year-on-year increase of 74.1 percent, according to the Ministry of Planning and Investment. The above figure incl…
China’s ‘capitalism’ came in tiny steps, expert tells Sri Lanka forum
China’s transition to a market economy was not the result of a one blue print but a series of tiny changes the allowed individuals at grass roots levels to make their decisions, an author and an exper…
Combating Deforestation: Planet Partnership with the Government of Malaysia
Combating Deforestation: Planet Partnership with the Government of Malaysia Malaysia’s megadiverse ecosystems are home to thousands of species of flora and fauna that sustain the country’s envi…
Matrade propelling digitally enabled halal trade at Mihas 2021
In a bid to strengthen Malaysia’s position as the world’s halal hub leader, the Malaysia External Trade Development Corporation (Matrade) aims to facilitate high-value, cross-border halal trade digita…
India’s Modi to unveil $1.35-trillion infrastructure plan to mark independence day
India will soon launch a US$1.35-trillion national infrastructure plan that will boost the country’s economy, Prime Minister Narendra Modi announced Sunday as part of independence day celebrations. We…
Sri Lanka Tourism attracts over US$ 950 mn investments despite pandemic
Over the last fifteen months from March 2020 to June 2021, the Sri Lankan government has attracted over $950 million in investments, dedicated to revitalizing the island’s burgeoning tourism sector, S…
Malaysia’s BigPay scores $100m investment
BigPay, the fintech arm of airline AirAsia, has secured an investment of up to US$100 million from South Korea’s SK Group. Founded in 2017, BigPay offers users in Malaysia and Singapore a digita…