The Asian Development Bank (ADB) has approved a $483.8 million loan to build a 64-kilometer (km) expressway connecting the capital of Bago region and …
Market Insights
Singapore to import electricity from Malaysia for a two year trial
Singapore plans to import 100 megawatts (MW) of electricity from Malaysia for a two year trial starting next year to diversify the country’s energy su…
ASEAN countries to be the next most demanding dairy consumers
Global research undertaken by agribusiness specialist Rabobank predicts Australia’s closest and most populated neighbours are going to be this decade’…
Commodity Market Report – 26 Oct 2020
Gold prices have exhibited a bearish outlook on Friday closing. The trend has temporary support at USD1880 /oz which will open to lower grounds if thi…
Weekly Rubber Report – 19 Oct 2020
Market Fundamentals: Rubber commodity surged last week due to constrained supply from declining tapping activity. Meanwhile, the huge global demand fo…
ADB leads $186 million financing for the largest solar plant in Vietnam
The Asian Development Bank (ADB) will part finance the development of a $186 million, 257 megawatt (MW) solar plant in Vietnam through the countryR…
Philippines to allow foreign investors to enter country
The Philippines’ coronavirus task force has approved the entry of foreign investors to the Southeast Asian nation starting from Nov. 1, the presidenti…
The Australians betting on the Myanmar economy
In 2015, Australian Brad Jones was in Singapore, wondering if someone was pulling his leg about a CEO job on offer in Myanmar. It was a fair question.…
Why is Bangladesh’s GDP growing despite Covid-19, while other economies are contracting?
Bangladesh — the overcrowded, overpopulated flood-prone state that, founded in 1971, is barely older than the internet — is now one of the richest cou…
Japan promises to diversify supply chains across ASEAN
Japanese Prime Minister Yoshihide Suga pledged on Monday to help Japanese companies diversify their supply chains across Southeast Asia, making a case…