The Philippines said on Friday it was revising up its target to cut greenhouse gas emissions to a 75 per cent reduction by 2030 under its commitment to the Paris Agreement on Climate Change, up from a…
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Muhyiddin: Private sector must embrace new technologies to accelerate economic recovery
The private sector must embrace new technologies in order for the country to accelerate its economic recovery, said Prime Minister Tan Sri Muhyiddin Yassin. He said the Covid-19 pandemic had been an e…
Tree Technologies inks deal to supply 200,000 e-bikes to Indonesia
Tree Technologies Sdn Bhd (Treeletrik), a Malaysian home-grown electric vehicles (EV) maker with a presence in the Asean market and a subsidiary of Nasdaq-listed Ideanomics, has signed a partnership t…
Rubber Scarcity Creates New Headache for Beleaguered Automakers
Automakers struggling with pandemic-induced plant shutdowns and a global chip shortage are now confronting another supply chain headache: dwindling rubber supplies. Snarled shipping lines are disrupti…
IMF turns bullish on Philippines
While most other multilateral institutions had slashed their respective 2021 gross domestic product (GDP) growth forecasts for the Philippines, the Washington-based International Monetary Fund (IMF) e…
Chinese firm signs MoU on agriculture development project in Laos
A chinese company, Jiarun Agricultural Development Co., Ltd. and the Lao Ministry of Planning and Investment have signed a Memorandum of Understanding (MoU) on the feasibility study for a forest resto…
Singapore first nation to ratify 15-nation economic cooperation agreement
Singapore became the first participating country to ratify the Regional Comprehensive Economic Partnership (RCEP) agreement, a multi-nation trade pact that brings together the 10 ASEAN economies as we…
ASEAN and Malaysian Companies Set Sights on Post-pandemic Success
SAP SE (NYSE: SAP) today announced the findings of its new study of enterprises in Southeast Asia, including Malaysia, uncovering the state of businesses and their strategic priorities, as well as cha…
IMF sees Vietnam economy growing at 6.5 pct
Vietnam’s economy is set to grow at 6.5 percent this year, well above the ASEAN average of 4.9 percent, as it shrugs off the impacts of Covid-19. It is the second highest rate forecast by the In…
Indonesia’s Jokowi Wants Growth. And Something More
In upsetting everyone’s best-laid plans, the pandemic has made us aware of the fallibility of our single-minded pursuit of peak efficiency. Among those seeking a more decompressed future, in which the…