When there was a sudden outbreak of coronavirus infections at a wholesale market in Beijing last month, there were fears that China was about to face a second wave of the pandemic after having success…
Economy
Philippines to open geothermal energy development to 100% foreign ownership
Under current law, foreign entities cannot own a majority stake in renewable energy development in the Philippines, but this is about to change, as reported by the Manila Bulletin. The Philippine gove…
Netherlands to assist Bangladesh in circular economy
As one of Bangladeshs major development partners, the Netherlands will assist the South Asian country in adapting to circular economy in the changed development scene. King Willem-Alexander of the Net…
AIIB to Loan Vietnamese SMEs $100m as COVID-19 Hit Economic Growth Forecast to Shrink to 2.7 Percent
The non-sovereign loan would be co-financed with the International Finance Corporation, with the capital aiming to boost the Asian nation’s economic recovery amid the ongoing coronavirus pandemi…
Vietnam Is Booming Economically. Not Its Stock Market
Vietnam is a bundle of contradictions for investors. Economically, the country is an all-star. Growth was cruising around 7% annually before this year. Exports are climbing the value chain from appare…
Too-tight virus policy is strangling economy, experts warn
Thailand should overcome concern of a second wave of Covid-19 and instead relax restrictions on foreign investors and tourists in order to shore up its falling economy, say a prominent investor and le…
Spotlight: Malaysia manufacturing sectors eyes RCEP to boost post-pandemic regional economic recovery
The Regional Comprehensive Economic Partnership (RCEP) trade pact, once in effect, will provide a much-needed boost to participating countries working to reverse the current economic downturn caused b…
China economy rebounds in Q2 after virus hit: AFP poll
China returned to growth in the second quarter after the coronavirus pandemic handed the world’s second largest economy its first contraction in decades, according to an AFP poll of analysts. Th…
India is a more cost-effective option for Kathmandu than China. Here’s why.
India has a major role to play India accounts for 64% of Nepal’s total volume of trade, according to data sourced from Economic Survey of 2018-19. Non-tariff Trade: Informal trade happens in the Terai…
Building creative economic opportunities for Sri Lanka
There is no single definition for the creative economy. It is a concept evolving based on the interaction between human creativity, ideas, intellectual property, knowledge and technology. Essentially …