Russian troops have been clearing an area of around 500 hectares of unexploded ordnance, or UXO, in Laos’ Xieng Khouang province with plans to build a new airport and military facility as part of an e…
Investment
India & Bangladesh will power the recovery of South Asia’s economy, World Bank says
Returning to a high growth path will be the easy part for South Asian economies led by India, which confront much harder challenges in the form of increased inequalities and reduced access to educatio…
Foreign investment into Vietnam up 18.5 percent in first three months
As much as 10.13 billion USD worth of foreign direct investment (FDI) was injected into Vietnam in the first three months of the year to March 20, a year-on-year increase of 18.5 percent, according to…
Malaysia ranked ‘2nd prefered country’ for foreign investment
MALAYSIA is ranked the “second most favourable country” for foreign investment in South-East Asia by European and US companies to establish or expand their sourcing, selling or operations over the nex…
U.S. green energy push sets global edible oils alight, raises food inflation fears
The United Nations’ vegetable oils price index has rallied 70% since last June to nine-year highs after labour shortages at Asian palm plantations and bad weather in key sunflower, rapeseed and soybea…
India, Bangladesh to sign economic pact over next five years: EIU
India and Bangladesh are expected to sign an economic partnership agreement over the next five years which will preserve trade rights for Bangladesh. According to the Economist Intelligence Unit, R…
Malaysia to introduce new national investment policy
The Malaysian government will introduce a new national investment policy to attract more high-quality investors as the country moves towards a high-income nation, Senior Minister cum International Tra…
Malaysian Tenaga unit to buy stake in 5 solar projects in Vietnam
TNB Renewables, a wholly owned subsidiary of Malaysian national electricity producer Tenaga Nasional Berhad (TNB), will buy a 39% stake in five solar rooftop projects of Singapore’s leading sola…
Bangladesh seeks China fund to address rural-urban digital divide
Bangladesh has sought Chinese investment for a Tk 30-billion project that aims at reducing the ‘digital divide’. Finance ministry has recently written to the Chinese government in this reg…
Tourism will take leap following agreement with Chand’s group: Tourism Minister Dhakal
Minister for Culture, Tourism and Civil Aviation Bhanu Bhakta Dhakal expressed the hope that Country’s tourism would take a stride with the Netra Bikram Chand-led group entering the peaceful politics.…