Nepal’s first garment processing zone in Simara has invited investors to submit applications to install production plants at the zone. The government constructed the garment processing zone on 300 big…
Investment
Myanmar to hold regional investment forum in Yangon
YANGON, May 6 (Xinhua) — Myanmar will hold a regional investment forum in Yangon, the commercial capital of Myanmar, later this week, in order to increase investment and attract more investors i…
Report: Malaysia benefits from China’s capital investment of US$43.8b
Malaysia has been a major beneficiary of Chinese capital with investment totalling US$43.8 billion (RM181 billion) over the past 10 years, according to Knight Frank’s New Frontiers: Prospects for Real…
Myanmar permits 300M foreign investment for infrastructure project
YANGON (Xinhua) – Myanmar Investment Commission (MIC) recently permitted over USD290.1 million foreign investment project in the infrastructure sector, the Directorate of Investment and Company Admini…
Xi’s Belt and Road rakes in US$64 billion
Chinese President Xi Jinping said Saturday US$64 billion in deals were signed at a summit on his Belt and Road Initiative (BRI) and more nations would join the global infrastructure programme as he so…
China’s belt and road may accelerate exit of manufacturing to Vietnam and India, researchers warn
The trade war with the United States coupled with the “Belt and Road Initiative” has the potential to add further pressure to China’s sluggish economy and debt pile, according to researchers, as the b…
Cambodia embraces Belt and Road Initiative
President Xi Jinping’s announcement of the Belt and Road Initiative (BRI) in 2013 was widely welcomed by many Asian countries. Studies suggest that there is a significant need of infrastructure develo…
Belt & Road Forum declaration to incorporate projects for Nepal under the initiative
Nepal is expecting to have several of its projects identified by the government under China’s Belt and Road Initiative during the Second Belt and Road Forum for International Cooperation, being held i…
Malaysia to ‘take advantage’ of ECRL deal to sell more palm oil to China: Mahathir
PUTRAJAYA: Prime Minister Mahathir Mohamad said on Monday (Apr 15) that Malaysia intends to take advantage of the revived East Coast Rail Link (ECRL) project to sell more palm oil to China, after a su…
Nearly 2 bln USD foreign investments enter Myanmar in first half of FY 2018-19
YANGON, April 20 (Xinhua) — Over 1.87 billion U.S. dollars of foreign investments entered Myanmar’s sectors in first half of present fiscal year 2018-2019, according to the figures from th…