The Hindustan Computers Limited (HCL) from India plans to establish an information and technology (IT) centre in HCM City, which will provide training for about 10,000 IT engineers over the next five …
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Digital banking in Nepal: Focus on infrastructure, security
A banking service involves a customer’s presence at an outlet to perform a transaction. This has compelled the banks and financial institutions (BFIs) to open large numbers of branches across differen…
Why Asian Countries Turn to BRI For Infrastructure Investment
The second Belt and Road Forum, held in Beijing from April 25-27, 2019, retold and enlarged the complex story of China’s Belt and Road Initiative (BRI) which was inaugurated by President Xi Jinping in…
Johor to attract China manufacturers affected by ongoing trade war
JOHOR BARU: Johor stands to gain from the ongoing US-China trade war by luring Chinese manufacturers that will be badly affected by it. State International Trade, Investment and Utility Committee chai…
Nepal: Hydropower goals: Ambitions and challenges
Kathmandu Nepal is estimated to have a hydro potential of 83,000 MW electricity, and 43,000 MW is considered to be economically viable. However, the hydropower generating capacity of 1,047 MW at prese…
Myanmar gears up investment promotion with ‘bold’ plan
Though some international companies are still in a wait-and-see mood before pouring their money into Myanmar, the nation remains confident that it can attract heavy investment this year, thanks to its…
2020s to be the decade of Asian economies: Standard Chartered
Asia is set to dominate the world in terms of growth as, according to Standard Chartered, most of its economies are expected to sustain a growth rate of nearly 7 percent throughout the 2020s, Bloomber…
Cocoa trees disappearing; rubber plantations taking over
If the government of Ghana, through the Ghana Cocoa Board (COCOBOD), does not act swiftly, the cocoa sector of the economy will collapse in the near future following the sale of cocoa farms to rubber …
Rubber exports expected to rise as production improves in Myanmar
Myanmar is expecting to export around 300,000 tonnes of rubber this year on the back of rising production at local plantations, U Khaing Myint, secretary of the Myanmar Rubber Planters and Producers A…
Singapore surpasses China as Myanmar’s biggest investor
Singapore has overtaken China as the country’s main source of foreign investment in 2019, according to data from the Ministry of Investment and Foreign Economic Relations. At a meeting on streamlining…