The Asian Development Bank (ADB) has launched a new country partnership strategy for Cambodia, spanning the period 2024–2028. The new strategy, closely aligned with the first phase of the national Pen…
Investment
“India marching towards economic glory”: Sri Lanka Foreign Minister sees mutual benefits
Hailing the ‘excellent’ relationship between Colombo and New Delhi, Sri Lanka Foreign Minister Ali Sabry said that India is marching towards economic glory, which is not only good for the region but a…
Vietnam needs $12B investment in EV infrastructure: HSBC
Developing EV infrastructure could solve the main issues deterring people from buying the vehicles, like limited charging stations, costly batteries and high vehicle prices, “Vietnam at a glance…
US weighs upgrade for Vietnam to ‘market economy’ status
U.S. President Joe Biden’s bid to draw Vietnam closer as a strategic ally will clash head-on with his desire for union workers’ votes on Wednesday as the Commerce Department hears testimon…
PM Modi outlines Vision Lanka, vows to step up tourism, power, trade & education ties
Asserting that India stood shoulder to shoulder with the people of debtridden Sri Lanka in this hour of crisis, Modi said Friday that India would strengthen maritime, air, energy and people-to-people …
How the Malaysian state of Selangor is helping to build Asean into a global economic powerhouse
The Malaysian state of Selangor is positioning itself to be the gateway to business in Southeast Asia, as the region aims to become the fourth-largest economy by 2030. The Association of Southeast Asi…
How will Vietnam benefit from US recognition of market economy status?
The United States Department of Commerce heard a testimony on May 8 to consider recognising the country’s market economy status. During the hearing, the Vietnamese side gave data confirming that its e…
Adani Green Energy enters into 20-year power agreement with Sri Lanka
Adani Green Energy has entered into a 20-year power purchase agreement with Sri Lanka for two wind power stations developed by the Gautam Adani-led company, as per a cabinet statement by the Sri Lanka…
Microsoft bets $2.2bn on Malaysia hub for cloud, AI
Tech giant Microsoft has unveiled plans to invest $2.2bn in cloud infrastructure in Malaysia that will help accelerate the nation’s AI transformation over the next four years and better position the a…
Public-private collaboration ‘critical’ for digital economy growth: ASEAN
ASEAN’s digital economy is expected to grow to US$1 trillion by 2030, but roadblocks such as the digital divide between and within countries remain, said Nararya S Soeprapto, Deputy Secretary-Ge…