As of Friday, the Chinese government has issued a travel ban that affects 35 million people. Not only can they not travel, but their leisure activities are severely curtailed, which means a severe eco…
Economy
Malaysia cuts key rate in surprise move to protect growth
Malaysia’s central bank unexpectedly cut its key interest rate by 25 basis points to 2.75% on Wednesday, aiming to spur private spending and protect economic growth. Bank Negara Malaysia (BNM) s…
China, Myanmar Sign Dozens of Infrastructure Deals
Chinese President Xi Jinping reinforced his support for embattled Myanmar leader Aung San Suu Kyi on Saturday, signing 33 bilateral agreements covering a range of projects, including rail and port ven…
Bangladesh: prospects underlying its booming economy
The Asian Development Bank ranked Bangladesh as the fastest-growing economy in the Asia-Pacific region, surpassing China, Vietnam and India. Better infrastructure, education, governance and industrial…
SMEs main beneficiaries of US-China trade war
Small and medium enterprises (SMEs) have remained the main beneficiaries of the trade dispute between China and the US. HSBC Bank Malaysia Bhd commercial banking country head Andrew Sill said while no…
Philippines builds infrastructure to spur economy
The Philippines’ economy is leaning heavily on infrastructure projects – along with the traditional growth drivers of consumption and foreign remittances – to deliver an economic boost in 2020. In the…
Promoting intra-ASEAN economy for a cohesive and proactive bloc
Enhancing intra-ASEAN trade and investment is important for a cohesive and responsive ASEAN. This was stated by Vũ Hồ, director general of the ASEAN Department under the Vietnamese Ministry of Foreign…
China Stamps Leadership in Latex Rubber Harvesting Technology
China Stamps Leadership in Latex Rubber Harvesting Technology By Professor Dato’ Dr Ahmad Ibrahim Fellow Academy of Sciences Malaysia Many salute China for the country’s prolific rise in technology l…
ADB unveils financial support worth 322 mln USD for Laos
The Asian Development Bank (ADB) has launched a new business plan which includes funding arrangements to support development in Laos over the next few years. According to the ADB Country Operations Bu…
SoftBank’s Son eyes further Indonesia investment
SoftBank Group Corp (9984.T) founder and chief executive, Masayoshi Son, said on Friday he wants to expand his tech conglomerate’s investments in Indonesia, in remarks following a meeting with Preside…