LOANS/financing to the agricultural sector in Brunei Darussalam increased from BND11.9 million in 2015 to BND23.8 million in 2018. This aligns with the country’s diversification aspiration. According to Autoriti Monetari Brunei Darussalam (AMBD), Brunei Darussalam’s financial system, in which Islamic and conventional financial institutions co-exist in parallel, recorded an overall asset base of BND21.9 billion […]
Read MoreChina has agreed to import 400,000 tonnes of rice from Myanmar via sea, increasing its import quota for Myanmar rice from 100,000 tonnes currently, U Khin Maung Lwin, assistant secretary from the Ministry of Commerce (MOC), told The Myanmar Times. “Rice can be shipped to China soon,” he said. The development comes after the two countries […]
Read MoreBANGKOK: Thailand‘s government said it is “making progress” with the much-delayed high-speed Thai-Chinese rail line that is to link Thailand, Laos and China, as the three countries prepared to ink another agreement this week at Beijing’s Belt and Road summit. Formal talks on the project – a rail line expected to stretch 873 km (542 miles) – began in […]
Read MoreKUALA LUMPUR: Kuala Lumpur is likely to become a smart city by next year as Alibaba Cloud’s “Malaysia City Brain” pilot project is completed. The initiative will use Alibaba Cloud’s artificial intelligence programme as well as big data analytics to produce real-time traffic predictions using video and image recognition technologies to combat traffic congestion in […]
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Thailand
