Leaders from the Asia-Pacific Economic Cooperation forum, including US President Donald Trump, pledged Friday to work toward free, open and nondiscriminatory trade and investment to revive their coron…
Economy
How Bangladesh can benefit from China’s economic recovery
As the nation holds its breath in anticipation of a potential second wave of Covid-19, five countries including Bangladesh have decided to strengthen sharing of information and coordination of policie…
Asian Development Bank approves $150m loan to upgrade two international airports in Nepal
The Asian Development Bank has approved a $150 million concessional loan to improve the capacity of Tribhuvan International Airport and Gautam Buddha Airport in Nepal. This will be the largest funding…
China, 14 other countries sign deal to form world’s largest trade bloc
China and 14 other countries agreed Sunday to set up the world’s largest trading bloc, encompassing nearly a third of all economic activity, in a deal many in Asia are hoping will help hasten a recove…
Malaysia welcomes RCEP signing, a game changer to investment flow
Malaysia welcomes the signing of the Regional Comprehensive Strategic Partnership (RCEP) which is scheduled to be held on the last day of the 37th Asean Summit that kicked off today. In his interventi…
Philippines: Local tourism efforts shining through
The deepest principle in human nature is the craving to be appreciated. —William James Good news for all of us still locked up in our homes and raring to visit our favorite local vacation spots! The P…
Laos to improve business climate to attract more investors
The Lao government has pledged to remove barriers and further improve the business climate in a bid to attract more investment from Laos and foreign countries. The government intended to address econo…
Asean Today – Oct 2020
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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…