Malaysian Prime Minister Anwar Ibrahim has held talks with billionaire tech mogul Elon Musk about investments in the Southeast Asian country. Anwar said on Friday he discussed the launch of electric c…
Investment
SG, Cambodia launch Financial Transparency Corridor initiative
The initiative will facilitate increased collaboration between SMEs in the two markets. The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) signed a Memorandum of Underst…
Could Bangladesh beat India to first offshore wind? Danes hatch $1bn plan
Global pioneers CIP and COP eye timescale as rapid as five years for 500MW project that could be first in South Asia Denmark’s Copenhagen Infrastructure Partners (CIP) has submitted a plan to th…
Foxconn to invest $250m in Vietnam to produce EV parts
Taiwanese contract manufacturer Foxconn plans to invest about $250 million to build two new plants in northern Vietnam, including one that will make components for electric vehicles. The factories wil…
Alibaba’s Jack Ma Visits Pakistan After Nepal, Sparks Speculation Of Business Opportunities
Alibaba Group Holding Limited BABA co-founder, Jack Ma’s unexpected visit to Pakistan bred investor speculation over possible business opportunities in the country, including visits to trade cen…
Chinese company sets record with $76.41M investment in BEPZA EZ – Bangladesh
China’s Mingda (Bangladesh) New Material Co, Ltd is going to invest $76.41 million in Bangladesh Export Processing Zone Authority (BEPZA) Economic Zone (EZ) for producing diversified products. It is t…
US to provide $35m for climate-smart cultivation techniques in Bangladesh
The United States (US) will provide 35 million US dollar to help Bangladeshi farmers mitigate climate impacts and increase their production. The support will be provided under a five-year “Feed …
Southeast Asia’s Belt and Road paved with promises
China’s Belt and Road Initiative changed the face of Southeast Asia with projects connecting the region. But some countries face more risks than others. China is strengthening its economic ties …
ASEAN’s Digital Future: Promising but not Without Difficult Challenges
Despite ASEAN’s digital economy making head waves through its projected growth of more than $1 trillion by 2030, ASEAN’s digital future still faces tough challenges arising from the tightening securit…
Sri Lanka lifts import limits on 286 items as crisis eases
Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh sign the South Asian nation is starting to emerge from its worst economic crisis in decades. The islan…