Chinese financial technology firms have matured under a favourable domestic policy regime with very different standards compared with other markets. Whether or not these companies can adapt successful…
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Vietnam must turn coronavirus success into economic growth
First, it looked like Vietnam was having a good U.S.-China trade war, quietly grabbing much of the factory business fleeing the mainland’s shaky economy. Now it seems to be escaping the worst of…
Malaysia criticises WHO’s advice against palm oil during coronavirus
Malaysia criticised the World Health Organisation on Monday for advising adults to avoid palm oil in their diet during the COVID-19 outbreak and use alternatives such as olive oil. The WHO Eastern Med…
Asean Today – April 2020
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The Renewable Energy Transition – is Green Hydrogen a Viable Solution for ASEAN countries?
While renewables like hydro, solar and wind power are widely known, an energy source gaining momentum as a highly versatile energy source of tomorrow is hydrogen, particularly green hydrogen. Toshiba …
Economist: Strong, productive workforce key to Malaysia’s economic resilience
The Malaysian economy has the resiliency to bounce back from the current situation due to its strong and productive labour force, an economist said. Juwai IQI chief economist Shan Saeed said the gover…
The Great Wall against China: Understanding India’s new foreign investment rules
The finance ministry on Wednesday notified changes in FDI (Foreign Direct Investment) rules which mandate “prior approval” from the Centre for foreign investments from countries “tha…
Alibaba Aims To ‘Speed Up’ COVID-19 Recovery With $28 Billion Data Center Investment
China’s biggest cloud computing provider, Alibaba Cloud, will invest a whopping $28.2 billion in cloud infrastructure and the construction of data centers over the next three years as it prepares to h…
Southeast Asia’s hydropower boom grinds to a halt as COVID-19 stalls projects
Incomplete and prospective hydropower dam projects in Southeast Asia, particularly along the Mekong River and its tributaries, are at risk of major delays and shutdowns as the COVID-19 pandemic impact…
Vietnam: Digital economy expected to increase labour productivity
Việt Nam needed to invest in the digital economy and seize the opportunities it provided to improve labour productivity. The information was released at the annual Vietnam economic evaluation report r…