The novel coronavirus outbreak has derailed Myanmar’s move to open its stock market to foreign investors. Only two of the country’s five listed securities have attracted international traders since ru…
Investment
233 infrastructure development projects to be implemented in Laos in 2020
A total of 233 projects will be implemented in Laos under the Poverty Reduction Fund in 2020, of which a majority are infrastructure development schemes. The 233 projects will be implemented by the Po…
Myanmar: MIC approves more than $550 million in FDI
The Myanmar Investment Commission has approved more than US$500 million worth of foreign direct investments (FDI) from 11 businesses and K50 billion in local investments on April 3, a day after the to…
AIIB Asian Infrastructure Investment Bank : Approves USD404-M Loan to Improve Bangladesh Cross-Border Connectivity
The Asian Infrastructure Investment Bank (AIIB) has approved a USD404-million loan to improve Bangladesh’s intercity travel and cross-border connectivity. The upgrade of the country’s nati…
Malaysia: MDEC bridge startups with global investors virtually
The Malaysia Digital Economy Corporation (MDEC) and KK Fund Pte Ltd announced a virtual investor-matching initiative for local startups that are seeking capital injection amid the current economic slo…
China faces Belt and Road course correction after coronavirus
The new coronavirus is straining economies to the breaking point, but China says its Belt and Road Initiative will proceed intact. Analysts are not so sure. Some think a weakened China will have littl…
How a gulf prince charmed Indonesia’s Jokowi and poured money into the country
During a visit last summer where he strolled through the tropical gardens next to Indonesia’s summer Presidential Palace, Abu Dhabi’s crown prince offered to build a grand mosque for his host, Joko “J…
The Philippines’ big-ticket plan for growth
The 2020 budget has reaffirmed the Philippines’ commitment to infrastructure development as a major economic growth driver. The 4.1 trillion pesos (US$80.3 billion) budget, which was approved in Janua…
Russia And Bangladesh Expand Nuclear Cooperation
A number of documents have been signed between Russian state nuclear corporation Rosatom and the government of Bangladesh that will enhance existing bilateral cooperation in the use of atomic energy f…
Nepal government sets roadmap to improve investment climate reforms
Nepal was ranked 94 out of 190 economies on the Doing Business 2020 ranking marking a significant shift for the country into the top 100 economies on the ease of doing business. As a part of the gover…