Myanmar’s economy could take a significant hit following this week’s military coup, analysts say, as the U.S. mulls fresh sanctions and foreign investors appear rattled — potentially putti…
Economy
Bangladesh to outperform Asian peers in economic recovery
Bangladesh is likely to recover faster than its Asian peers from the Covid-19 fallout thanks to improving exports, growth in domestic consumption and remittance inflow, according to a study of Standar…
Philippines, China vow cooperation for post-pandemic recovery
Foreign ministers of China and the Philippines on Saturday committed to prioritising post-pandemic recovery efforts as senior Chinese diplomat Wang Yi wrapped up a week-long visit to four Southeast As…
Fintech helps transform Philippines into a cash-lite economy
Financial technology firm Zybi Tech Inc. is further expanding its digital services amid a shift in consumer behavior due to the COVID-19 pandemic. Zybi Tech CEO Raymond Ong said the company is structu…
Malaysia remains competitive investment destination for German companies
THE German Embassy in Malaysia will continue to support the existing German businesses as well as encourage more companies to expand their overseas operations in the country. Its Ambassador Dr Peter B…
Vietnam one of few bright spots in global economy in 2021: experts
Vietnam begins 2021 with strong growth prospects underpinned by robust exports and FDI flows after having successfully contained the Covid-19 pandemic. Forecasts are unanimous that the economy is on t…
China shares digital economy and other creative poverty reduction methods with developing countries
China’s full-fledged poverty reduction campaign created a world miracle which has not only benefited millions of Chinese people, but also exerted a positive influence on other developing countri…
ASEAN’s strategies to address new normal
As policymakers prepare to intervene and industries consider changes to their business models, the COVID-19 pandemic and stimulus packages offer the Association of Southeast Asian Nations a once-in-a-…
Vietnam digital development among the fastest in the world
Vietnam is ranked fifth in the world for digital evolution momentum by the 2020 Digital Intelligence Index (DII). The “Digital In The Time Of Covid” study conducted by the Tufts University…
How Myanmar could benefit from cryptocurrencies
Last week Bitcoin, the original and most prominent cryptocurrency, broke through the all-time highs of around $20,000 per coin. After crashing to just $5,200 in March, the digital currency increased b…