Bangladesh has stepped into a new journey as it qualified to graduate into a developing nation from a Least Developed Country (LDC) after 45 years. The United Nations Committee for Development Policy …
Investment
Swiss to Provide $71.8m Grant for Indonesia’s Economic Development
The Swiss State Secretariat for Economic Affairs, or SECO, will provide grants of 65 million Swiss francs, or about $71.8 million, for the next four years to assist Indonesia’s economic development. O…
Switzerland commits $65 million in development aid to Indonesia
The amount set aside is for the 2021-2024 period and will focus on promoting “inclusive and sustainable development”, the State Secretariat for Economic Affairs (SECO) announced on Thursday. The new r…
How to Get the Biggest Bang for Our Clean Energy Buck in Southeast Asia
If we’re going to accelerate the global clean energy transition, we need to get smarter about how we deploy scarce climate finance overseas. Nowhere is a smarter approach needed than in one of the las…
MyDIGITAL: Malaysia’s catalyst to drive native policies and digital-first economy
With digital transformation being an important catalyst for Malaysia’s inclusive economic recovery, MyDIGITAL and the Malaysia Digital Economy Blueprint announced today by Prime Minister Tan Sri Muhyi…
India steps on the gas for infrastructure projects in northeast
With an eye on China, India has been speeding up infrastructure project construction in the strategic northeastern region of the country, which include 1,819 km of roads completed over the last two ye…
Myanmar’s Coup Will Be ‘Painful’ For Already Struggling Economy, Analysts Warn
Myanmar’s economy could take a significant hit following this week’s military coup, analysts say, as the U.S. mulls fresh sanctions and foreign investors appear rattled — potentially putti…
Bangladesh to outperform Asian peers in economic recovery
Bangladesh is likely to recover faster than its Asian peers from the Covid-19 fallout thanks to improving exports, growth in domestic consumption and remittance inflow, according to a study of Standar…
Philippines, China vow cooperation for post-pandemic recovery
Foreign ministers of China and the Philippines on Saturday committed to prioritising post-pandemic recovery efforts as senior Chinese diplomat Wang Yi wrapped up a week-long visit to four Southeast As…
Malaysia remains competitive investment destination for German companies
THE German Embassy in Malaysia will continue to support the existing German businesses as well as encourage more companies to expand their overseas operations in the country. Its Ambassador Dr Peter B…