Global Rice Stockpiles Expanding To 12-Year-High, Expected To Diminish $1.1 Trillion Global Food Import Bill
Global rice inventories are expected to hit a 12-year high in 2013, as production around the world continues to ramp up.
Tablets Popular In Malaysia - Malaysians Have Bought 61 Percent More Units Of Tablets This Year
In the first five months of the year, Malaysians have bought nearly 450,000 tablets, a 61 percent increase from same period last year.
US Private Equity Invest Heavily In Restructuring Asian Shipping Firms Following Shipping Downturn
As Asian shipping firms go through restructuring as a result of business slump, American private equity is betting on them to ride the recovery.
Myanmar's Demand For Pristine Dollar Notes, Following A History Of Monetary Instability, Borders On The Absurd
Nowhere, if the bills show any signs of wear, stain or other baffling imperfections.
Cambodia's Informal Money Lending Is Competing With Banks And Microfinance Institutions
Even with banks growing faster than ever, Cambodia's informal money lending business is still flourishing.
Thai Economy May Be Vulnerable To Another Shock Due To High Foreign Holdings In The Country
It has been 16 years since its 1997 financial crisis, but Thailand may still be vulnerable to another financial shock.
Telenor Will Roll Out 3G Network In Myanmar Next Year And Install 4G Base Stations
One of the winners of Myanmar's telecom licenses plans to roll out 3G network in 2013.
Malaysia Must Relax Foreign Ownership Policies To Encourage Foreign Direct Investment, Billionaire Investor Jim Rogers Says
Famed investor Jim Rogers cautioned that Malaysia must open its economy up more for foreign investors.
Myanmar Will Build Billion Dollar International Airport To Be Completed by 2017
A new airport will be built in Myanmar's central region of Bago, to be completed by 2017.
Laos Economy Is Set For Boom Years Ahead As Increased Infrastructure Helps Expand Trade And Tourism
Laos economy, benefiting from better infrastructure in the region, is set to expand in the coming years.
The Other China Story -- The One Without Dead Babies Or Poisoned Rice
The Nigerian novelist Chimamanda Adichie warned in her popular TED talk that if we hear only a single story about another person or country, we risk a critical misunderstanding. Adichie illustrated her point by talking about her childhood in Nigeria, when she read British literature filled with white characters, and thought that stories cannot have African characters.For me, the danger of the single story is most pronounced in Western media coverage of my home country, China. I only started to read American newspapers while at college. It was initially interesting to see that there is nearly always news on China -- I hadn’t realized how "big” my country had become.
Myanmar Announces Plan To Spend $500 Million On Tourism Industry
A plan to invest $500 million in tourism announced, Myanmar projects 7.5 million visitors by 2020.
Myanmar Telecom License Awarded To Ooredoo, A Company Based In Predominantly Muslim Qatar, And Many In Buddhist Nation Erupt
Just a day after Ooredoo was awarded the telecom license, the company's future in Myanmar is looking less than promising.
Indonesia Claims Sumatra Forest Fires Caused By Errant Slash-And-Burn Farming Of Malaysian And Singapore Palm Oil Companies
Indonesian authorities claim Malaysian and Singapore palm oil companies are to blame for the Sumatra forest fires that have been casting a haze over the two countries.
Malaysia Has Infrastructure And Support To Develop Data Storage For Cloud Computing
Malaysia's communications and multimedia minister endorsed his country’s capability to develop in the cloud computing industry.
Myanmar's Telecom Bidding War Winners Announced - Norway's Telenor And Qatar Telecom Will Be Granted Licenses In September
After a last-minute hiccup, Myanmar has announced that Norway's Telenor and Qatar Telecom will be developing the country's telecom networks.
Myanmar's Economy May Be Blossoming, But So Is Its Lucrative Drug Production And Export Business
Can Myanmar's farmers find an alternative to the highly profitable drug cultivation and export business?
Myanmar Delays Telecom Licenses Award To Foreign Firms Until A New Telecoms Law Is In Effect
We will know only after a telecoms law, which includes proposals drawn up under the junta and possibly violates freedom of expression, is passed.
US Tops China As Most Favored Nation For Foreign Direct Investment
After a 12-year hiatus, the U.S. is back on top in terms of foreign direct investment sentiment; it was fourth in 2012.
Malaysia's Economy Projected To Grow At 5.1% For Next Two Years But Economic Reforms Imperative To Sustained Growth: World Bank
Southeast Asia's third-largest economy is projected to grow at a rate of 5.1 percent for the next two years, pending necessary economic reforms.
Myanmar's Reform Government To Renegotiate Billions Of Dollars Of Resource Deals To Combat Corruption; Nation's Military And Chinese Companies May Take A Hit
The country's powerful military, and Chinese firms, may stand to lose the most from the planned renegotiations.
May 2013 New Home Sales Up 2.1% From April, More Than Expected, As Housing Market Continues To Recover
May 2013 new home sales rose to 476,000, their highest level in nearly five years.
Lao And Cambodian Stock Exchanges Stagnant After Two Years With A Combined Three Companies Listed
The stock markets in these emerging economies have a total of three companies listed, together.
Myanmar's Infrastructure, Following Its Economy, To Be Developed Rapidly - 80% Mobile Penetration In 3 Years
One of the least-connected countries in the world hopes to finally bring technological modernity to its citizens.
Myanmar's Economy To Receive Boost From Japanese And Korean Investment
With Japan, South Korea and Western companies' investments, Myanmar's economic boom cannot be too far off.
Vietnam's Basa Fish Industry Hopes To Export More To The US As Demand From The EU Plunges And Regional Competition Intensifies
Will U.S. palates revive the prospects of Vietnam's export-oriented basa fish industry?
Verrazano-Narrows Bridge Repaired With Chinese Steel: Chinese Steel Makers Dominate The American Market, Prompting American Steel Manufacturers To Call For Import Restrictions
American steel makers are asking the government to restrict steel imports from China, which is used in many major U.S. construction projects.
Asian Nations' Booming Years May Be Behind Them As US Investors Pull Out
Ahead of the Fed's ending its easy money policies, investors are pulling funds out of emerging Asian markets, revealing weaknesses.
US Existing Home Sales In May Rose To 5.18 Million, More Than Expected
The median price of U.S. homes increased in May at a double-digit rate compared to a year ago.
Indonesia's Move To Cut Fuel Subsidy Could Make A Difference For The Country's Economic Future
The cut, while painful for many Indonesians, may be necessary for a more stable economy in the future.