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Economy
ASEAN Sustainable Tourism Solutions Expo opens next week
The annual ASEAN Sustainable Tourism Solutions Expo (ASTSE) will go online this year, kicking off on November 5 with a two-day free-to-access programme. Usually hosted in Laos, the event is recognised…
US GDP grows 33.1% in third quarter of 2020
The US economy grew by 33.1 per cent in the third-quarter of this year, indicating a revival of the economy from affects of the coronavirus pandemic. President Donald Trump, who is seeking re-election…
Philippines to allow foreign investors to enter country
The Philippines’ coronavirus task force has approved the entry of foreign investors to the Southeast Asian nation starting from Nov. 1, the presidential spokesman said on Friday. Foreigners with inves…
The Australians betting on the Myanmar economy
In 2015, Australian Brad Jones was in Singapore, wondering if someone was pulling his leg about a CEO job on offer in Myanmar. It was a fair question. The country was just beginning to emerge from dec…
Why is Bangladesh’s GDP growing despite Covid-19, while other economies are contracting?
Bangladesh — the overcrowded, overpopulated flood-prone state that, founded in 1971, is barely older than the internet — is now one of the richest countries in South Asia. The region was rocked by thi…
Japan promises to diversify supply chains across ASEAN
Japanese Prime Minister Yoshihide Suga pledged on Monday to help Japanese companies diversify their supply chains across Southeast Asia, making a case for tighter economic cooperation to countries war…
Malaysia remains a preferred investment destination, says Mida
Malaysia continues to be a preferred investment destination by the international business community despite the challenging global economic environment with Johor being one of the top recipients of th…
Global Auto Markets Begin to Emerge From Pandemic Slowdown
New-car sales in Europe rose last month for the first time this year, a sign that the global auto industry is slowly beginning to pull out of its worst slump in decades. Yet even as consumers return t…
Vietnam: ASEAN’s New De Facto Leader?
Vietnam, as the current Chair of the Association of Southeast Asian Nations (ASEAN) for 2020, has been actively involved with the association since 1995 when it joined the bloc with the aim of bringin…