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…
Investment
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…
Malaysia is back on the BRI
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…
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…