ASEAN is powering the global growth of Islamic banking, thanks to world-leading innovation and strong demand. The success of Islamic banking will help…
Market Insights
China mega-tech drives Bangladesh mega highway
Work on a joint Chinese-Bangladeshi venture to build a transformational highway bypassing Bangladesh capital Dhaka is well underway. The mega expressw…
First Thai rice shipment delivered using Laos-China railway
A first shipment 1,000 tonnes of Thai rice has been delivered using the Lao-Chinese railway to Chongqing, marking a new chapter in exports to China, t…
World tourism inched back in 2021, still a fraction of pre-pandemic levels
The world tourism industry barely improved last year compared to 2020, with all indicators staying way below pre-pandemic levels and industry professi…
India Plans to Switch to Soft Oils as Indonesia Restricts Palm Oil
According to industry officials and analysts, Indonesia’s plan to limit palm oil exports, which has driven prices to record highs, is expected t…
Why Southeast Asia Has Reason to Be Optimistic About 2022
Last year, Southeast Asia’s low vaccination rates and strict lockdowns reverberated across the world, mostly in the form of supply shortages. The regi…
Philippines launches sustainable finance roadmap
The Philippine government Wednesday launched its sustainable finance roadmap to address the country’s policy and regulatory gaps in promoting sustaina…
Govt ready to present facts related to Malaysian palm oil
The government is still waiting for the exact date for the dispute proceeding on the European Union’s (EU) alleged discrimination against Malaysian pa…
UOB buys four Citibank retail arms
Good asset quality and strong competition in the Thai consumer banking sector are the main reasons United Overseas Bank (UOB) is buying Citibank’…
UN projects robust growth for Bangladesh despite global slump
The United Nations has projected a continued momentum in Bangladesh’s economic growth despite a downward projection for the global economy. Bang…