Việt Nam needed to invest in the digital economy and seize the opportunities it provided to improve labour productivity. The information was released at the annual Vietnam economic evaluation report r…
Investment
ADB: Pandemic need not turn into economic meltdown
THE Asian Development Bank (ADB) believes countries should act fast in responding to the coronavirus 2019 (Covid-19) pandemic to prevent further deterioration of the economy. In an Asian Development B…
Talking heads: A U-shaped global growth recovery?
GERALD AMBROSE, COUNTRY HEAD – ABERDEEN STANDARD INVESTMENTS MALAYSIA, ABERDEEN STANDARD INVESTMENTS Where are you seeing exciting investment opportunities in Malaysia, and how are you positioning you…
Rebound Predicted For Malaysia Stock Market
The Malaysia stock market snapped the two-day winning streak in which it had collected more than 30 points or 2.2 percent. The Kuala Lumpur Composite Index remains just above the 1,385-point plateau a…
BPO industry in Philippines seen benefitting as firms abroad cut costs due to pandemic
The Philippines’ business process outsourcing industry may stand to benefit from the “next wave” of outsourcing as companies around the world cut costs due to the COVID-19 pandemic, …
Malaysian Banks Unswayed by Worldwide Moves to Cut Dividends
As banks elsewhere scrap or defer dividend payments, investors in Malaysian lenders can still expect their usual cash rewards. Malayan Banking Bhd., the biggest lender by market value, plans to keep i…
Virus Derails Myanmar’s Move to Open Stock Market to Foreigners
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…
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…