Monday, August 27, 2012
Sri Lanka's stock market, once a darling of investors, has seen its value plummet 26 percent in the past year and now faces a crisis of confidence after its regulator quit in a storm of controversy.
Tuesday, August 21, 2012
Strong economic growth could lift Myanmar to the rank of middle-income nation by 2030 if the formerly army-ruled country overcomes a host of reform challenges, the Asian Development Bank (ADB) said Monday.
Thursday, August 16, 2012
Asian countries dominate a league table of economies most at risk from earthquakes, floods, storms and other natural hazards, according to research published on Wednesday.
Monday, August 6, 2012
An energy magnate lauded as a rare “legitimate” tycoon in crony-dominated Myanmar has quietly lobbied for an end to Western sanctions — except those targeting cronies who flourished under military rule.
Thursday, August 2, 2012
The World Bank on Wednesday pledged US$85 million in development grants to Myanmar and assistance for the former pariah state to clear its arrears as part of efforts to support political reforms.
Thursday, July 26, 2012
Tuesday, July 24, 2012
The Association of Southeast Asian Nations (ASEAN) will this November launch free-trade negotiations with six major trading partners to promote regional growth amid the slowdown of Western economies.
Sunday, July 22, 2012
Sri Lanka announced Saturday the completion of a US$2.6 billion IMF bailout, but it was seeking fresh loans to support an economy emerging from decades of ethnic war.
Thursday, June 28, 2012
Business executives around the world have become much more gloomy about the global economy as the eurozone crisis pounds on, according to a new survey released Tuesday by McKinsey & Co.