India would become the third largest economy in the world in the next five years and by 2047 could be at the level the United States of America is at present, Union Minister Piyush Goyal said on Satur…
Investment
Adani Green Energy to set up wind power project in Sri Lanka
Sri Lanka on Thursday announced that it has approved $442 million wind power project by Adani group’s Adani Green Energy. This the first major foreign investment by cash strapped country. Sri La…
Asean Today – Feb 2023
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Anwar Ibrahim returns to a changed economy
During Anwar Ibrahim’s first stint as Malaysia’s finance minister in the 1990s, Putrajaya was still under construction. After more than two decades of political struggles, including two imprisonments,…
Danish foundation launches biodiversity investment in Southeast Asia
The Copenhagen-based Hempel Foundation has launched an impact investment initiative for biodiversity. The Foundation made its first investment in two funds backing sustainable plantation – including o…
Malaysia bags RM13 billion in foreign direct investment from three investors after Singapore mission
Malaysia’s Ministry of International Trade and Industry has bagged an additional RM13 billion (S$4 billion) in foreign direct investment from three investors at the end of its mission in Singapore, th…
Why India’s Industrial Substitution Threatens China, Despite Vietnam Hyped For Better Alternative Supply Chain – Analysis
China’s official English daily “ Global Times” reiterated that India’s policy initiative to reduce imports from China would backfire. In one of their articles, it clamored “India needs integration, no…
Malaysia’s future growth plans in ASEAN’s digital economy
The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF E…
Industries to Watch Out for Growth in Southeast Asia in 2023
Southeast Asia, or the ASEAN (the Association of Southeast Asian Nations) region as more commonly referred to in Asia, is among the fastest-growing regions in the world. According to the Asian Develop…
Malaysia’s economy emerges from the shadow of COVID-19
Rebounding from the pandemic-induced economic shock, the Malaysian economy gathered momentum in 2022 as its growth rate surpassed expectations quarter after quarter. The first quarter of 2022 saw a gr…