Indonesia must use the pandemic to reboot Southeast Asia’s biggest economy, including by improving food and energy security, as well as processing more natural resources at home, President Joko Widodo…
Economy
ADB to Help Boost Farm Incomes in the Philippines with $400 Million Loan
The Asian Development Bank (ADB) has approved a $400 million policy-based loan to support reforms by the Philippine government aimed at raising the productivity and competitiveness of the country’s ag…
Andaman optical fiber may pitch India as alternative to China in ASEAN region
The submarine optical fibre from Chennai to Port Blair that promises fifth-generation (5G) connectivity, the latest in cellular wireless technology, to the Andaman and Nicobar Islands could be the fir…
Malaysia Pushes Tech Hub to Help Economy Ride Out Pandemic
Malaysia’s technology cluster in Penang is helping drive an economic recovery that could see the country bounce back faster than any of its peers in Southeast Asia. The northern state drew 6.8 billion…
Asean Today – July 2020
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APAC economies to bounce back in 3Q
ECONOMIC recovery is beginning for most of the Asia-Pacific (APAC) region and growth rates will accelerate in 2021, Moody’s Analytics chief APAC economist Steve Cochrane said. “All countries within th…
China-Asean digital economy cooperation a thriving success
Durian sales on e-commerce platforms are one of the successful stories under the booming digital economy cooperation between China and the Association of Southeast Asian Nations (Asean). In many Asean…
Bangladesh: Deep seaport to help boost country’s economy
Work on construction of the deep seaport at Matarbari in Cox’s Bazar is progressing at a snail’s pace. The outbreak of the coronavirus pandemic is responsible for such slow growth of construction of t…
Asean project to help small businesses hit by pandemic
Asean Business Advisory Council (BAC) Philippines chair Joey Concepcion promises a faster, easier and cheaper access to mentorship as part of efforts to support micro, small and medium entrepreneurs (…
ADB invests $10 million in equity fund for mid-size Philippines firms
The Asian Development Bank (ADB) has signed agreements for a $10 million equity investment in Navegar II L.P., a private equity fund that primarily invests in mid-sized Philippine firms. The Manila-ba…