India will soon launch a US$1.35-trillion national infrastructure plan that will boost the country’s economy, Prime Minister Narendra Modi announced Sunday as part of independence day celebrations. We…
Investment
President Jokowi asks Indonesian banks to support agriculture sector
President Joko Widodo (Jokowi) has urged Indonesian banks to pay special attention to the potential of the agricultural sector, which has already expanded overseas exports apart from dominating domest…
Sri Lanka Tourism attracts over US$ 950 mn investments despite pandemic
Over the last fifteen months from March 2020 to June 2021, the Sri Lankan government has attracted over $950 million in investments, dedicated to revitalizing the island’s burgeoning tourism sector, S…
Malaysia’s BigPay scores $100m investment
BigPay, the fintech arm of airline AirAsia, has secured an investment of up to US$100 million from South Korea’s SK Group. Founded in 2017, BigPay offers users in Malaysia and Singapore a digita…
Bangladesh on cusp of industrial revolution
Bangladesh is on the cusp of an industrial revolution as incomes rise and technology plays an ever-increasing role in the economy, according to HSBC. “Urbanisation, smaller households and more w…
ADB, New Hope sign $20-million deal to finance agriculture projects
THE ASIAN Development Bank (ADB) and New Hope Singapore Private Ltd. (NHS) signed a $20-million loan agreement that will extend financing assistance to farmers in South and Southeast Asia, including t…
A World of Networks: taking advantage of change in Vietnam
Watch on Youtube The past few years have seen disruption across the Asia Pacific region of enormous scale. But disruption is not always negative and the ongoing COVID-19 pandemic and US-China geopolit…
ASEAN ministers join hands in COVID-19 fight
The Association of Southeast Asian Nations (ASEAN) member states together could further strengthen initiatives to curb COVID-19 issues in the region through the ASEAN Comprehensive Recovery Framework,…
Economic outlook for South Asia dampened, but Bangladesh recovering: ADB
The Asian Development Bank has said the economic outlook for South Asia is dampened by new waves of COVID-19, but the Bangladesh economy is recovering. The country’s exports in the first 11 months of …
MDEC aims to boost Malaysia’s digital economy with DIF5 by generating RM50bn worth of investments, and more
The five-year plan is also targeting to provide 50,000 high-value jobs in the MSC, Malaysia’s high-technology business district. To enhance Malaysia’s digital economy by 2025, the Malaysia Digital Eco…