Malaysia seeks closer ties with Saudi Arabia
Malaysian Prime Minister Anwar Ibrahim visited Saudi Arabia this week, seeking to restore ties with the wealthy Middle Eastern country...
Asia
Vietnam seizes tons of ivory
Vietnamese authorities confiscated seven tons of elephant tusks on Monday, its largest seizure of smuggled wildlife in over four years, South China...
Sri Lanka receives long-awaited IMF bailout
The IMF approved a $3 billion funding package on Monday after months of back-and-forth with Sri Lanka’s government during which...
Indonesia starts carbon trading
Indonesia launched a mandatory carbon trading mechanism for coal power plants on Wednesday. The carbon trading program will apply to...
Paraguay-Taiwan commercial relations deepen as ties come under election pressure
Paraguayan President Abdo Benitez reaffirmed Taiwan’s importance as a partner and emphasized Tapei’s continued healthcare, education, and economic support during a visit to Taipei....
Amid power crisis, Pakistan reverts to coal
Pakistan will not build new gas-powered plants in the coming years, instead opting to quadruple its coal-fired output, Reuters reports. The plan to...
Start-up culture flourishes in Vietnam
The number of start-ups in Vietnam has nearly doubled since the start of the pandemic, according to a report by KPMG and HSBC....
Macro instability scares investors from West Africa’s largest markets
Political and economic instability are pushing equity investors away from West Africa’s largest economies according to data from The Africa...
Southeast Asia prepares for resurgent Chinese tourism
As China relaxes its Covid-19 restrictions, Southeast Asian economies are preparing for an influx of tourists. Before the pandemic, Chinese...
Pakistan seeks bailout as economic crisis builds
An IMF delegation arrived in Pakistan on Tuesday, with the country hoping to unlock a $1.1 billion disbursement that has...
IMF approves near-$5b loan for Bangladesh
The IMF has approved a $4.7 billion funding package on Monday, clearing the way for disbursements to begin. Bangladesh will...
Fiji ends policing agreement with China.
Fiji’s newly installed Prime Minister Sitiveni Rabuka has scrapped a controversial policing agreement with China that saw Chinese police deployed in Fiji...
