The Communist Party of China (CPC) has offered to help Bangladesh in tackling the Covid-19 pandemic if the country agrees to form sister-city alliances with select Chinese cities. CPC made the proposa…
Economy
ASEAN Economies Caught In Middle Of US-China Trade Tensions
The coronavirus outbreak has left a profound scar on economies worldwide — but it has failed to thaw the long-running trade war between the US and China. In fact, the outbreak of the Covid-19 pandemic…
Vietnam could be a rare winner from the coronavirus pandemic
It’s hard to say which is more remarkable: that Vietnam has recorded zero COVID-19 deaths despite a population of 96 million, or that the communist government expects the economy to grow by 5% this ye…
Malaysia to set up $281m National Stimulation Fund, to work with global VCs
The Malaysian Government is planning to set up a National Stimulation Fund worth about RM1.2 billion ($281.3 million) to support digitalisation of local businesses. The fund will also include matching…
Malaysia set to reopen nearly all economic activities
Malaysia on Sunday said it would reopen nearly all economic activity and allow interstate travel starting June 10, lifting coronavirus restrictions imposed nearly three months ago as it moves to reviv…
ASEAN agree to limit tariff barriers to fuel economies
Vietnamese Minister of Industry and Trade Tran Tuan Anh said trade barriers, including tariff and non-tariff restrictions, should be limited to restore the economies of ASEAN members amid the Covid-19…
A Cashless Future For Myanmar
In a survey by Visa, around 64 percent of consumers in Southeast Asia are confident of going cashless for a full day, highlighting the region’s strong drive towards digital payments. Moreover, the 201…
With a 6% growth forecast, Bangladesh is set to be world’s fastest growing economy
Dhaka: Bangladesh, the world’s second-largest apparel exporter, sees economic growth of at least 6% this year, a pace that could make it an outlier in a world set to contract. Growth will slow to a ra…
Economy to blast off again from Oct: IMF
There appears to be glimmer of light towards the end of the tunnel following the International Monetary Fund yesterday projected that the Bangladesh economy would grab from the next quarter of next fi…
Auto players’ shares soar after PM announces sales tax exemption
Shares of automotive players shot up in late trading, after the prime minister announced a sales tax exemption on new car purchases. In a televised speech on the nation’s short-term economic rec…