Asia remains a relative bright spot in an increasingly dimming global economy, the International Monetary Fund said on Friday as it announced cuts in its Asia-Pacific growth projections. The IMF cut i…
Investment
Asia could be a bright spot amid global downturn next year, economists say
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, economists say. The strong economic rebound in Asia earlier this year h…
Philippines Strengthens Its Regional Fintech Presence with First ASEAN Fintech Festival
It also supports the growth of the country’s digital economy which is projected to to reach P5 trillion by 2030. Throughout the week, the DPF will also bring together more than 200 prominent ASEAN lea…
Bharat remains world’s fastest-growing economy, despite IMF cutting growth projection
Even though the International Monetary Fund has cut Bharat’s growth projection for this financial year to 6.8 per cent, it remains the fastest-growing major economy in a world facing a massive slowdow…
For China, Malaysia’s digital economy is first stop in ‘value added’ campaign to bolster trade routes
The fast-growing US$21 billion digital economy of Malaysia stands to get an infusion of Chinese capital as a nearly decade-old effort by Beijing to develop infrastructure overseas shifts more toward n…
Asean Today – Sept 2022
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China, Indonesia set to make greater contributions to region and the world
Mid-September in Jakarta comes with muggy days, and a sense of prosperity, too. Busy airports, heavy traffic flows, the hustle and bustle of well-decorated malls and buzzing farmers’ markets. They all…
Malaysia and China sign MoU on 5G, digital economy and cyber security cooperation
Malaysia and China have signed a memorandum of understanding (MoU) on digital telecommunications cooperation in relation to 5G, digital economy and cyber security. Inked yesterday at the International…
Bleaker economy could sour airline industry’s bet on cargo planes
The airline industry’s record-breaking scramble to convert older passenger jets to freighters during the travel-starved years of the coronavirus pandemic threatens to bring a glut of cargo space…