Foreign Direct Investments into the ASEAN economies of Indonesia, Malaysia, Philippines, Thailand, Singapore and Viet Nam rose to US$236 billion in 2023, compared with an annual average of $190 billio…
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India and Sri Lanka discuss initiatives to enhance energy connectivity
In a significant diplomatic exchange, President Ranil Wickremesinghe and Indian External Affairs Minister Dr. S. Jaishankar led bilateral discussions at the President’s House today (20). The joint ene…
Indian Railways pushes North-East connectivity via Bangladesh and Nepal
The final location survey for 14 new railway connectivity routes connecting Bangladesh, Nepal, and alternate routes towards the North-East has been sanctioned This initiative, spanning over 1275.50 km…
Laos government pushes for economic autonomy
Following a recent decree signed by Thongloun Sisoulith, Secretary General of the Party Central Committee and President of Laos, the government has committed to implementing recommendations for creati…
PM Modi, Indonesian President-elect Subianto discuss ways to strengthen Comprehensive Strategic Partnership
Prime Minister Narendra Modi received a call from Indonesian President-elect Prabowo Subianto on Thursday (June 20, 2024); the leaders utilised the opportunity to discuss steps to strengthen the Compr…
Insights into Cambodia’s $36 billion facelift
In what could be the most ambitious and far-reaching approach to put the Kingdom among the comity of developing countries, the government has launched the Comprehensive Master Plan on the Cambodian Tr…
World Bank approves major investment in water security for Cambodia
The bank said in a news release that over 113,000 people in Cambodia are expected to benefit from better water supply infrastructure following the approval on June 21 of a new World Bank-supported pro…
Chinese businesses target Vietnam and Mexico as trade tensions with US rise
Chinese businesses are increasingly favouring investment in countries including Vietnam and Mexico as trade tensions rise between western governments and Beijing. During the year to March, at least 41…
Thai company to help develop first smart power plant in Philippines
A subsidiary of Thailand’s petrochemical giant SCG Chemicals (SCGC) is partnering with one of the Philippines’ major power producers to develop the Southeast Asian country’s first smart power pl…
Investing in Blockchain, Web3, and AI for Social Impact
Only 10 per cent of private capital investment in early-stage innovators reaches emerging markets. To address this gap, the UNICEF Venture Fund launched a new growth funding tier in 2021, with up to $…