Cambodia has become the first Asian country to sign on to the Sustainable Development Investment Partnership (SDIP), a global initiative that aims to unlock the funding of infrastructure projects through public-private sector partnerships. The announcement came during Prime Minister Hun Sen’s four-day visit to the annual World Economic Forum (WEF) meeting in Davos, Switzerland. Speaking […]
Read MoreSingapore is the 6th most innovative economy in the world, according to the 2017 Bloomberg Innovation Index released on Tuesday (Jan 17). The Republic’s global position was unchanged from the previous year, though it managed to usurp Japan as Asia’s second most innovative economy after the Japanese fell from 4th to 7th spot. South Korea […]
Read MoreKUALA LUMPUR — Malaysia’s central bank kept its benchmark interest rate unchanged for a third straight meeting to help bolster the currency as policymakers in emerging economies gird themselves for tighter US monetary policy. Bank Negara Malaysia held its key rate at 3 per cent, it said in a statement in Kuala Lumpur on Thursday […]
Read MoreThe Nong Or project to develop a tourism site in Sikhottabong district, Vientiane will commence construction in the near future after a project design model was selected recently. The project is now awaiting approval from the Vientiane authorities after the developer, Kanghua Investment Co., Ltd, proposed the model, one of the project’s partners told local […]
Read More[BANGKOK] A recovery in the global economy could spur growth in Thailand’s exports this year, beating a central bank forecast of zero growth in 2017, a central bank official said on Thursday. But the bank will wait to see the new trade policies of US president-elect Donald Trump and Thai export data in coming months […]
Read More[JAKARTA] Indonesia has adopted a new scheme for future oil and gas production sharing deals so that contractors shoulder the cost of exploration and production, rather than being reimbursed by the government. Under the shake-up, flagged late last year, contractors will retain a bigger portion of the oil and gas they recover in return for […]
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