The economic fallout from the C0VID-19 pandemic has hit Indonesia hard, and the Southeast Asian largest economy urgently needs new growth engines. Exports fell 28.95 percent year-on-year to US$10.53 b…
Investment
Japan’s new leadership
The COVID-19 pandemic has not only crushed Japan’s economy, but also its hopes of staging a glorious 2020 Summer Olympics. Amid these gloomy circumstances, Prime Minister Shinzo Abe announced his resi…
Mastercard announces deepening commitment to Myanmar
Today, Mastercard announced that it is deepening its commitment to Myanmar by establishing a local office presence in Yangon and appointing a country business development manager. The global payments …
Cambodia needs technocratic leaders to stay relevant in Industry 4.0
In Cambodia, there is an increasing demand for high-skilled laborers as the country aspires to transition to an upper middle or high-income country in the next few decades. To realize this vision, Cam…
Interview: Vietnamese expert sees promising prospects for Lancang-Mekong Cooperation
Closer cooperation among the Lancang-Mekong Cooperation (LMC) countries, which will hold their third leaders’ meeting via video link on Monday, can help address regional challenges timely and ef…
Japanese companies shift focus to ASEAN due to US-China rows
A rising number of Japanese companies are expanding business in Southeast Asia and scaling down operations in China due to escalating tensions between Beijing and Washington, according to the Japan Ex…
Malaysia Pushes Tech Hub to Help Economy Ride Out Pandemic
Malaysia’s technology cluster in Penang is helping drive an economic recovery that could see the country bounce back faster than any of its peers in Southeast Asia. The northern state drew 6.8 billion…
GE to provide advanced gas turbine technology for 718-MW gas power plant
GE (NYSE: GE) has announced that it will be providing its advanced gas turbine technology upgrade Advanced Gas Path (AGP) for the upcoming Reliance Bangladesh LNG & Power Ltd.’s 718-megawatt (MW)…
China-Asean digital economy cooperation a thriving success
Durian sales on e-commerce platforms are one of the successful stories under the booming digital economy cooperation between China and the Association of Southeast Asian Nations (Asean). In many Asean…
Bangladesh: Deep seaport to help boost country’s economy
Work on construction of the deep seaport at Matarbari in Cox’s Bazar is progressing at a snail’s pace. The outbreak of the coronavirus pandemic is responsible for such slow growth of construction of t…