Market Fundamentals: Dollar Index (USDX) slid and closed at 104.55 on Friday, resulting the Gold and WTI Crude edging higher. The U.S. unemployment rate climbed to 4.1 percent high since October 2021 …
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Why global tech giants consider Vietnam but choose to invest elsewhere
According to its recent report to the government, after Vietnam started applying the global minimum tax of 15% in January, many multinationals operating or planning to enter the country sought financi…
Sri Lanka’s Debt Restructuring Deal: Economic Relief or Creditor Windfall?
Close on the heels of agreements with key bilateral lenders, the Sri Lankan government last week announced that it has reached debt restructuring agreements with commercial creditors (those who have b…
Philippines on track with nuclear energy targets
Households may soon be powered by nuclear energy as the Philippines gears up for the safe utilization of nuclear energy for power generation, according to Energy Secretary Raphael Lotilla. Lotilla sai…
Moving Beyond GDP Towards a Human Rights Economy
It’s time to change the metric by which much of the world traditionally measures economic wellbeing: gross domestic product (GDP). The drive for steadily higher GDP growth is fueling environmental dis…
Highly attractive investment’: Shell hails start-up of Malaysia offshore project
UK supermajor Shell has hailed the Jerun gas field offshore Malaysia that came on stream earlier this week as a “highly attractive investment”. Shell has a 30% interest in SapuraOMV Upstream’s Block S…
Malaysia Targets 40% Renewable Energy by 2035
Malaysia has announced its intention to achieve 40% renewable energy capacity by 2035. This ambition is underpinned by a recent analysis by GlobalData, revealing the country’s significant yet untapped…
Cambodia starts to flex its muscles
The Funan Techo Canal — a US$1.7 billion (62 billion baht) waterway — reflects Cambodia’s growing confidence and assertiveness in pursuing national interests. This water infrastructu…
China and Bangladesh reaffirm their ties as territorial and economic issues rise in the region
China and Bangladesh are reaffirming their ties during a visit by Bangladesh Prime Minister Sheikh Hasina to Beijing as tensions rise in the region over territorial disputes and resources Catch up on …
Vietnam’s Vinfast Plans ‘Make In India’ Debut With $500M Investment: Report
Vietnamese automaker VinFast is gearing up to make a splash in the Indian market with its locally assembled vehicles. What Happened: VinFast is preparing its entry into the Indian automotive market, a…