The Sri Lankan government recently announced its decision to liberalise fuel trade in the country, allowing Sinopec (China), United Petroleum (Australia) and RM Parks (USA)- 3 leading fuel suppliers i…
Investment
Asian fintech rises above global investment dip
Fintech companies suffered a difficult period, globally, last year, as soaring inflation and rising interest rates prompted investors to pull back from the sector. Large parts of the industry strugg…
India’s progress can create new opportunities for Ugandan businesses: EAM Jaishankar
Jaishankar is on a two-nation visit to Uganda and Mozambique from April 10-15 to strengthen India’s strong bilateral ties with the two African countries Kampala: India’s progress and prosperity can cr…
What China’s RM 170 Billion Investment Commitment Means for Malaysia
During a recent trip to China, Malaysian Prime Minister Anwar Ibrahim announced that he had secured 19 memoranda of understanding from Chinese entities reflecting an investment commitment of RM 170 bi…
Malaysia secures record of Chinese investment commitment
Malaysian Prime Minister Anwar Ibrahim has announced that the country has secured a record of 170 billion RM (38.53 billion USD) worth of investment commitments from China. During his visit to China f…
Malaysia, China ink partnership to stabilise palm oil supply chain
MALAYSIA said on Sunday (Apr 2) that it has signed a memorandum of understanding with a China government-backed trade association to enhance palm oil trade and cooperation. The Malaysian Palm Oil Boar…
Vietnam invests in new rail line to connect with China-Laos railway
Vietnamese infrastructure investor DEOCA Group and Laos oil trading company PTL have signed a joint venture agreement to conduct a study on constructing a railway between Vietnam-Laos. The main target…
Bangladesh widens energy basket–hydro-power from the Himalayas, gas from Qatar on Sheikh Hasina’s radar
Bangladesh was in the middle of an energy crisis last year, with rampant electricity shortages owing to the protracted Russia-Ukraine conflict which has had implications for the entire South Asia. The…
ASEAN Finance Ministers and Central Banks Consider Dropping US Dollar, Euro and Yen, Indonesia Calls for Phasing Out Visa and Mastercard
An official meeting of all ASEAN Finance Ministers and Central Bank Governors kicked off on Tuesday (March 28) in Indonesia. Top of the agenda are discussions to reduce dependence on the US Dollar, Eu…
Evolution in global value chains key to a green and resilient ASEAN
ASEAN has again proven itself to be among the world’s most resilient economic groupings. Relying on strong exports, sound macroeconomic policies and effective buffers, the economies of ASEAN recovered…