Asean is expected to lead the world in terms of export growth from 2021 to 2026, followed by South and Central Asia, according to a report by global logistics provider DHL. Asean is forecast to see 5.6% export volume growth over the five-year period, trailed by South and Central Asia at 5% and sub-Saharan Africa […]
Read MoreAsean countries together received $174 billion as Foreign Direct Investment (FDI) in 2021, a 42 percent rebound compared to the previous year, according to the Asean Investment Report 2022, released by the Asean Secretariat yesterday. The increase to near pre-pandemic levels reversed the 30 percent decline in 2020 ($122 billion) caused by the Covid-19 outbreak […]
Read MoreSINGAPORE – Policymakers in Asia pushed back against a surging dollar, seeking to stem losses as their currencies teetered on the brink of key levels that may trigger more selling. Officials in Japan and South Korea ramped up the rhetoric, while China’s central bank set the daily reference rate on the yuan at the strongest […]
Read MoreDespite the adverse impacts of Covid-19, ASEAN remained an attractive investment destination, said Sun Chanthol, Senior Minister, Minister of Public Works and Transport. While delivering a speech on ‘Enhancing ASEAN Transport Connectivity to promote regional trade and Investments’ at the ASEAN Leadership and Partnership Forum (ALPF) in Phnom Penh on Monday, the minister said, “According […]
Read MoreEmerging Asian central banks have seen a sharp depletion in their foreign-exchange reserves, stoking concerns it may crimp market interventions to curb currency losses in the face of the mighty dollar. A closely-watched measure of reserves cover — the number of months of imports a country can finance with its foreign-exchange holdings — has dropped to about […]
Read MoreSINGAPORE – Asia is gaining ground as a destination for environmental, social and governance (ESG) investments, even though the region’s emerging markets are still relatively less mature. The International Finance Corporation (IFC) has identified East and South-east Asia as “among the fastest-growing regions for impact investments”, said Justin Pooley, ESG manager for Asia and the […]
Read More
Thailand
