• Yunus given honorable US Medal

    The microfinance pioneer and Bangladeshi Nobel laureate Muhammad Yunus received the Congressional Gold Medal, the highest civilian award of the United States, in recognition of his efforts toward combating global poverty, a Bangladeshi newspaper The Daily Star reports. House Speaker John Boehner presented Yunus with the Congressional Gold Medal to…

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  • The Politics of TPP: Target China

    Editor’s note: The US is touting the Trans-Pacific Partnership(TTP), a proposed trade agreement linking Asian and American economies, as a way to foster greater economic integration and propel growth for members. Some analysts argue that it is clearly targeted at a rising China, while others say it does not exclude…

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  • Is TTP aimed at thwarting China?

    Editor’s note: The US is touting the Trans-Pacific Partnership(TTP), a proposed trade agreement linking Asian and American economies, as a way to foster greater economic integration and propel growth for members. Some analysts argue that it is clearly targeted at a rising China, while others say it does not exclude…

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  • East Asia

    Japan’s excess liquidity worries neighbors

    Editor’s note: Japan ushered in a new era of economic policy with new governor of the Bank of Japan Haruhiko Kuroda at the helm, while Asian neighbors looked on warily. Kuroda came up with plans to unleash a torrent of liquidity designed to wash away decades of Japan’s economic underperformance.…

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  • Taiwan sets to manage Korean risks

    To cushion the blow of possible Korean Peninsula fallout on its economy and trade, Taiwan’s Ministry of Economic Affairs (MOEA) has readied a package of countermeasures, according to an MOEA report to be delivered at the Legislative Yuan on Apr 15. The Foreign Affairs and National Defense Committees of the…

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  • Taiwan’s middle-income trap

    Editor’s note: Taiwan’s economy, built on an export-oriented manufacturing sector, was once a powerhouse of Asia’s emerging economies. But over the past decade or so, growth in personal income has slowed considerably and the Taiwanese economic miracle has begun to fade. The key to reviving the economy lies in promoting…

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  • China’s growth forecast higher at 8.2%

    Robust recovery of China and India boosts growth in ASEAN countries Economic Growth in emerging Asia is expected to show robust expansion this year, thanks to a recovery in big economies including China and India, but capital inflows will continue to pressure currencies, says the Asian Development Bank (ADB). ADB’s…

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  • East Asia

    Boao Forum claims to be ‘Asia’s Davos’

    Chinese President Xi talks of peace, openness and common development Asia has become a major growth engine for the world economy but needs to transform its development model, Chinese President Xi Jinping said. Xi also expressed China’s wish to work with regional leaders to build a better future for Asia…

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  • South East Asia

    The aquatic bank branch “Bank on the Boat” sets to sail in Bangkok

    The “Bank on the Boat” sails on the Mae Nam Chao Phraya River, in Bangkok, Thailand, April 4, 2013. Thailand Government Savings Bank opened its first aquatic branch in 1958 for the convienience of the inhabitants living onshore. Now the “Bank on the Boat” still works for those residents alongside…

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  • South East Asia

    Cambodia Airlines signs a joint venture with Filipino San Miguel Corporation

    Kith Meng (Front R), president of Cambodia Airlines, and Ramon S. Ang (Fromt L), president of San Miguel Corporation and Philippine Airlines, sign a joint venture agreement in Phnom Penh, Cambodia, April 2, 2013. Cambodia Airlines, a majority-owned Cambodian company, and San Miguel Corporation, the Philippines’most diversified conglomerate, on Tuesday…

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