Asia Development Bank
Asia Development Bank with subdued outlook for Southeast Asia’s Covid-19 recovery
Southeast Asia’s economies are on a much slower recovery path from the Covid-19 crisis than previously thought, according to a new assessment by the...
Myanmar receives over $4b foreign investment
Myanmar obtained $4.107 billion foreign investment in the fiscal year 2013-14 which ended in March, up from $1.4 billion in 2012-13, local media quoted...
Myanmar’s number of super-rich to grow 7-fold
The number of Myanmar's super-wealthy is expected to grow by 687 per cent in 10 years from currently 40 people that own assets of...
Asia must investigate deficit imbalances
During this week’s annual meeting of the Asia Development Bank, Asia was urged to examine its economic instabilities if it wants to achieve viability...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...