Sri Lanka will set up a pharmaceuticals investment zone in Hambantota, under a government plan to produce 50 percent of drug requirements in the country and start exports, the President’s office said.…
Investment
Vietnam eyes 2.5 pct GDP growth despite pandemic
Vietnam targets GDP growth of 2-2.5 percent this year by mitigating the effects of the Covid-19 pandemic on major sectors. Minister of Planning and Investment Nguyen Chi Dung announced the target at a…
What could go wrong in Nepal in the next two years?
First things first. I write this with a sincere hope that these 12 predictions (warnings) for Nepal will NOT come true. But then, “Leadership is Preparedness.” The primary question that this forecast …
FTA negotiations can shore up post-pandemic economy
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…
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…