Overview of Burma

Overview of Burma While the large economies in the Far East are benefitting from having successfully weathered the storms that have greatly impacted other global markets, there are pockets of Asia doing less well. Burma is a key example of a country that should really be doing a lot better financi...

Budding entrepreneurs

China's budding entrepreneurs As China's economy continues to grow, its future looks more than assured given the degree of talent coming through its entrepreneurial ranks. The reasons for the confidence of the Chinese market in its continuing economic strength can be ascertained by checking out the...

Boost to Malaysian fishing industry

Malaysian Fisheries Department director-general Datuk Ahamad Sabki Mahmood has been enthusing about his country's untapped fishing reserves. Apparently research has revealed that Malaysia possesses bountiful resources off the coasts of Sarawak and Sabah. These will allow a yield of 500,000 tonnes of...

Top 5 financial trends

Asia's top 5 financial trends Towards the end of 2008, the major economies of the West began to falter, and by the turn of the year, recession had started to bite. While this was particularly pronounced in Europe, the key players on the Asian economic stage – China, Japan and India – managed to mai...

Slower rise anticipated for Asias economy

According to the Asian Development Bank, weak export demand from major industrial economies and China will continue to bring down economic growth throughout many regions in Asia next year. Asia's economies –excluding Japan- will grow 6% this year and 6.6% in 2013, said ADB. Both figures are 0.1 per...

Hong Kong to Raise Minimum wage

Hong Kong's government plans to raise the city's minimum wage by 7.1% as a measure to help citizens squeezed by inflation and the world's highest home prices. This is the first increase of the minimum wage since it was introduced on May 2011, benefitting around 10% of the working population. The min...

Singapore and EU in major Free Trade Agreement

The EU and Singapore settled a free-trade agreement (FTA) – the second deal of that kind between the supranational institution and a major Asian trading partner. The agreement is significant as last year EU-Singapore trade was worth about 74bn euros (£60bn; $97bn) and Singapore is the second largest...

APAC fastest growing tourism

APAC region is world's fastest growing tourism market Asia's tourism industry has maintained buoyant growth in the midst of the international financial crisis. According to the UN World Tourism Organisation (UN WTO), the Asia Pacific region is the world's fastest growing tourism market with an 8% g...

ADB recommends APAC

ADB recommends APAC to scale up skills development and strengthen industries According to the Asian Development Bank, countries in Asia and the Pacific, including the Philippines, need to upgrade technical and vocational training to create innovative markets and fuel sustainable and inclusive growt...

Top Asian Entrepreneurs Quotes

What is the key to economic triumph? They all have taken a different road to achieve entrepreneurial success by means of a myriad of strategies, yet all Asian entrepreneurs agree that the path to the top takes ambition, constancy, hard work, dedication and a clear vision of one's goals. “Businesspe...