On May 9, 2022, Sri Lanka’s embattled Prime Minister Mahinda Rajapaksa resigned in the face of massive anti-government protests. His brother, President Gotabaya Rajapaksa, attempted to stay on but had…
Investment
As the US and China lock horns, Malaysia hopes to harness an AI revolution
When tech giant AT&S decided a few years ago that it needed to ramp up production to keep pace with the artificial intelligence (AI) boom, it did not look to its largest manufacturing facilities …
Trump’s Impact on Japan and ASEAN
Since the second Trump administration was inaugurated, the world has watched with a mix of hope and anxiety as U.S. domestic and foreign policies have departed wildly from long-established norms. Pres…
US imposes 46% tariff, prompting Vietnam to restructure economy toward sustainable development
Vietnamese Prime Minister Pham Minh Chinh stated during a monthly cabinet meeting on Sunday that Washington’s imposition of a 46-percent tariff on imports from Vietnam should be viewed as an opportuni…
India bolsters defence, energy ties with Sri Lanka in bid to counter China’s influence
The security of India and Sri Lanka is interconnected, Prime Minister Narendra Modi said as the two nations on Saturday inked a defence cooperation agreement amid China’s persistent bids to gain a str…
Trump’s tariff may diversify FDI sources in Cambodia
In the wake of US President Donald Trump’s new round of tariffs announced yesterday, to what he termed as ‘Liberation Day’ for his country’s economy, what impact will it have on Cambodia? Contrary to …
Malaysia pushes for coordinated South-east Asia tariff response
Malaysia will lead efforts to coordinate a regional response in South-east Asia towards US President Donald Trump’s tariffs, the country’s Prime Minister Anwar Ibrahim said. “Malaysia, as Asean chair,…
Southeast Asia’s Economies Can Gain Most by Packaging Ambitious Reforms
Southeast Asia’s major economies have made major strides over the last couple of decades. The largest have seen income per capita grow at least three-fold over the past 20 years amid global integratio…
Malaysia launches Investor Pass to attract foreign investment effective April 1
The Malaysian Investment Development Authority (Mida) will introduce a new Investor Pass for foreign investors starting April 1, enabling them to stay in the country for six months, with the option fo…
Malaysia Picks 7 Crowdfunding, P2P Platforms for NIMP2030 Co-Investment Fund
Malaysia’s Ministry of Investment, Trade and Industry has selected seven Equity Crowdfunding (ECF) and Peer-to-Peer (P2P) financing platforms to participate in the New Industrial Master Plan (NIMP2030…