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Malaysia’s economy posts double-digit growth for first time in a year in Q3
Malaysia’s economy posted double-digit growth for the first time in over a year in the third quarter, boosted by rising domestic demand and strong exports, the central bank said on Friday. Gross…
PM Hasina: Bangladesh an ideal place for investment
Prime Minister Sheikh Hasina on Sunday said many renowned companies from around the world are setting up their factories in the economic zones of Bangladesh. “Bangladesh has emerged as an ideal …
Southeast Asian nations promote sub-region tourism
The 6th meeting of tourism ministers of Cambodia, Laos, Myanmar and Vietnam (CLMV) in Cambodia on November 3 adopted a three-year action programme on tourism cooperation which further focuses on promo…
Indonesia targets sugar self-sufficiency in 5 yrs, eyes ethanol production
Indonesia will expand its sugar plantation area to try to become self-sufficient in the next five years and is eyeing development of renewable sugar-based ethanol afterwards, President Joko Widodo sai…
Asean Today – Nov 2022
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G7 offers Vietnam and Indonesia $15bn to quit coal ahead of COP27
The G7 and its partners have made multi-billion dollar offers to wean Vietnam, Indonesia and India away from coal — but it has yet to convince these emerging economies to quit the dirtiest fossil fuel…
IMF pins hopes on Asia amid dimming global economy
Asia remains a relative bright spot in an increasingly dimming global economy, the International Monetary Fund said on Friday as it announced cuts in its Asia-Pacific growth projections. The IMF cut i…
Telangana’s ambitious palm oil strategy to help India reduce import
An 80km (49.7mile) road in Khammam district of the southern Indian state of Telangana is dotted with palm oil plantations on both sides. Nagarjuna is among several farmers here who have been planting …
Offshore wind puts the Philippines on the road to energy independence
OFFSHORE WIND is emerging as a possible “win-win” for the Philippines in its pursuit of energy independence. The country’s success will depend on clear regulations, strong incentives, early investment…