Malaysia will revive a US$34 billion Chinese-backed transport and property development that was abandoned in 2017, the prime minister said Friday, adding the project would contribute to Beijing’s glob…
Investment
Making Federal Nepal Investment-Ready
The recently concluded Nepal Investment Summit 2019, convened by the government of Nepal in March in Kathmandu, has moved the country’s new economic agenda to center stage. The event, which drew indus…
Nepal: Govt excited after Investment Summit: PM Oli
Prime Minister KP Sharma Oli has said the government was excited after the investment summit. Talking to media persons at Biratnagar airport Sunday, Prime Minister Oli said the considerable participat…
Sri Lanka plans 6,000 acre investment zone in Monaragala: PM
Sri Lanka is planning a 6,000 acre industrial zone in Monaragala as well a total of 6,000 acres of industrial areas in Hambantota, Prime Minister Ranil Wickremesinghe has said. “The industrial z…
China tops participation in upcoming Nepal Investment Summit
China will be the largest represented country in the Nepal Investment Summit to be held in Kathmandu on March 29-30 with more than one third of total participants coming from China, the Investment Boa…
Myanmar permits over 100 foreign investments in 5 months
Myanmar Investment Committee (MIC) permitted 109 foreign investments as of February in present fiscal year 2018-2019 which started in October last year, according to the Directorate of Investment and …
Japan to propose G20 aid rules to check China’s Belt and Road
Japan will propose new guidelines on development assistance when it hosts the Group of 20 summit in June, as it tries to check China’s growing influence through infrastructure projects, sources …
China to aid Mekong’s development
China has pledged to work closely with Thailand under the Lancang-Mekong Cooperation (LMC) framework to help promote the development of the Mekong Basin region. The pledge was conveyed by China’…
Google to support Vietnamese startups go global
Google will support Vietnamese startups with cloud services worth up to $100,000 each to help them go global. This offer was made public at the Google Cloud for Startups workshop held recently in HCMC…
Belt and Road reaches Nepal’s wild north, winning China influence
Some 140 km to the north of Nepal’s capital Kathmandu, China’s “Belt and Road” infrastructure plan is in full swing. “On the Chinese side, the road is so smooth that it l…