Asean countries need to prioritise digitalisation, platform creation, agility, resilience and sustainability as methods to steer them towards recovery mode in the wake of the pandemic, say leading economic and business figures. “Digitalisation in everything, through all levels of both the public and private sectors, is now the new normal. This is a must to […]
Read MoreDeveloping Asia will likely clock up its weakest growth in nearly six decades this year, the Asian Development Bank (ADB) said on Thursday, as measures to contain the contagious novel coronavirus hammer economic activity. Developing Asia, a group of 45 countries in the Asia-Pacific region, is expected to post growth of just 0.1% in 2020, […]
Read MoreTHE number of incidents involving piracy and armed robbery against ships in Asia doubled in the first five months of 2020, compare to the same period last year, according to the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP). From January to May 2020, there were 49 such incidents, compared with 25 […]
Read MoreECONOMIC growth in the Asean region could rebound to an average 8 per cent in 2021 on the back of recovery in Chinese import demand and global trade, after falling into recession in the first half of 2020, a report suggested on Monday. The report, written by Oxford Economics and commissioned by the Institute of Chartered Accountants in England […]
Read MoreThe Asian Development Bank has renewed the push for Cambodia and the Asian region to refocus its efforts away from the current “Ocean Economy” and towards a new, more sustainable “Blue Economy”, as yesterday marked World Oceans Day. The “Blue Economy” is defined as the sustainable use of ocean resources for economic growth, improved livelihoods […]
Read MoreMANILA, Philippines — Four Asian countries have expressed interest to supply the Philippines with 300,000 metric tons of rice under a government-to-government scheme, the first for the country since the industry was liberalized. During Monday’s online G2G bidding, Myanmar, Thailand, Vietnam and India submitted their bids for the supply of imported rice with 25 percent […]
Read More
Thailand
