The incentives for Asian governments are clear: vaccinate as many people as you can as fast as you can. Lives will be saved, healthcare systems will be spared, economies will recover faster. The benef…
Economy
Nepal needs strategy, robust trade deals to graduate from poor club
After being labelled a least developed country, an euphemism for being one of the poorest countries in the world, for 50 years, Nepal may by 2026 climb a notch and be officially recognised as a develo…
Becoming A Developing Nation: Bangladesh reaches A Milestone
Bangladesh has stepped into a new journey as it qualified to graduate into a developing nation from a Least Developed Country (LDC) after 45 years. The United Nations Committee for Development Policy …
Swiss to Provide $71.8m Grant for Indonesia’s Economic Development
The Swiss State Secretariat for Economic Affairs, or SECO, will provide grants of 65 million Swiss francs, or about $71.8 million, for the next four years to assist Indonesia’s economic development. O…
Switzerland commits $65 million in development aid to Indonesia
The amount set aside is for the 2021-2024 period and will focus on promoting “inclusive and sustainable development”, the State Secretariat for Economic Affairs (SECO) announced on Thursday. The new r…
MyDIGITAL: Malaysia’s catalyst to drive native policies and digital-first economy
With digital transformation being an important catalyst for Malaysia’s inclusive economic recovery, MyDIGITAL and the Malaysia Digital Economy Blueprint announced today by Prime Minister Tan Sri Muhyi…
Australian expert highlights Southeast Asia’s trade prospects
Richard Maude, Senior Fellow at Australia’s Asia Society Policy Institute, has spoken highly of trade prospects of Southeast Asian nations against the backdrop of COVID-19. In an article, he said that…
Myanmar’s Coup Will Be ‘Painful’ For Already Struggling Economy, Analysts Warn
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…
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…