Returning to a high growth path will be the easy part for South Asian economies led by India, which confront much harder challenges in the form of increased inequalities and reduced access to educatio…
Economy
Foreign investment into Vietnam up 18.5 percent in first three months
As much as 10.13 billion USD worth of foreign direct investment (FDI) was injected into Vietnam in the first three months of the year to March 20, a year-on-year increase of 18.5 percent, according to…
Myanmar’s economy to contract 10% this year amid turmoil – World Bank
Myanmar’s economy is expected to contract by 10 per cent this year, World Bank forecasts released on Friday show, as the Southeast Asian nation is convulsed by nationwide protests, strikes and sanctio…
Malaysia ranked ‘2nd prefered country’ for foreign investment
MALAYSIA is ranked the “second most favourable country” for foreign investment in South-East Asia by European and US companies to establish or expand their sourcing, selling or operations over the nex…
U.S. green energy push sets global edible oils alight, raises food inflation fears
The United Nations’ vegetable oils price index has rallied 70% since last June to nine-year highs after labour shortages at Asian palm plantations and bad weather in key sunflower, rapeseed and soybea…
India, Bangladesh to sign economic pact over next five years: EIU
India and Bangladesh are expected to sign an economic partnership agreement over the next five years which will preserve trade rights for Bangladesh. According to the Economist Intelligence Unit, R…
Telcos as a catalyst to re-energising digital financial inclusion
In 2019, the World Bank, in collaboration with the ASEAN Working Committee on Financial Inclusion (WCFINC) released a report titled, ‘Advancing Digital Financial Inclusion in ASEAN’. A key finding fro…
How Has the Tech Boom Helped the Philippines Economy Grow?
The Philippines is classified as a developing economy and has shown continued growth in recent years even when others began to falter. Before the coronavirus pandemic struck, the country’s economy was…
Bangladesh seeks China fund to address rural-urban digital divide
Bangladesh has sought Chinese investment for a Tk 30-billion project that aims at reducing the ‘digital divide’. Finance ministry has recently written to the Chinese government in this reg…
Tourism will take leap following agreement with Chand’s group: Tourism Minister Dhakal
Minister for Culture, Tourism and Civil Aviation Bhanu Bhakta Dhakal expressed the hope that Country’s tourism would take a stride with the Netra Bikram Chand-led group entering the peaceful politics.…