European firms remain confident in their long-term growth in Vietnam
Vietnam's economic potential is undeniable, said Dominik Meichle, chairman of the European Chamber of Commerce in Vietnam.
Economic Affairs
President Jokowi inks 190-year Nusantara Capital City land rights rule for investors
President Jokowi has issued a new regulation that grants investors an HGU of up to 190 years and an HGB of up to 160 years, contingent upon an evaluation in the fifth year, as the…
Thai economy faces upheaval due to factory closures and cheap Chinese imports
Thailand has witnessed nearly 2,000 factory closures in the last year, upending its manufacturing sector that contributes nearly a quarter of its GDP.
China’s 5% growth in first half offers hope for all-year growth
However, analysts cautioned that the weaker-than-expected 2Q performance indicates that the foundation for economic stabilisation is not yet solid, highlighting the need to…
Pakistan and IMF reach a three-year $7 billion aid package deal
Coming to Pakistan in the form of loans, the latest bailout follows a commitment by the government to implement reforms, including a major effort to broaden the country’s…
Chinese firms’ new-age ventures elevate belt-and-road initiative
Facing challenges like escalating geopolitical tensions and rising protectionism in certain countries, Chinese enterprises are focusing on avoiding risks and generating revenue…
Japan, Germany agree to launch economic security consultation framework; to combat economic coercion
During the meeting, PM Kishida and Chancellor Scholz also agreed to strengthen cooperation in research and development of the “Beyond 5G/6G” new telecommunications standard,…
India seen easing rice import curbs; Philippines to win big – Nomura
India, the world’s biggest rice exporter, has imposed restrictions on rice exports since late 2022 amid adverse weather conditions that hit domestic rice production and pushed…
India, Southeast Asia can create new era of opportunity: President Tharman
Working with other responsible middle powers, both regions have the ability to strengthen multilateralism, which, despite its imperfections, has been an arrangement that has…
AI drive in transportation should be human-centric
With the gradual promotion of unmanned ride-hailing vehicles, many wonder: Is unmanned driving taking away the livelihood of taxi and ride-hailing drivers? Will it eventually…