For Asia to continue leading the global economic growth, it has to introduce a series of structural reforms in different sectors. This theme of structural reform has been echoed repeatedly by International Monetary Fund chief Christine Lagarde in many of her visits worldwide, of which the last was New Delhi. Asia already accounts for 40 percent of the world economy ...

A Chinese mega-project in Sri Lanka is set to recommence, after the Sri Lankan government announced that its concerns regarding the project “have been resolved.” Xinhua reports that Sri Lankan Minister of International Trade Malik Samarawickrema gave the green light for the $1.4 billion project to construct “Port City” near the Colombo Harbor. He promised that the government would officially ...

On Thursday, Myanmar’s parliament met to put forward presidential candidates four months after opposition leader Aung San Suu Kyi’s National League for Democracy (NLD) swept historic elections in the country. Under Myanmar’s complicated selection process, the country’s next president is chosen from among three vice-presidents elected by its parliament or Pyidaungsu Hluttaw, with one candidate from the lower house (Pyithu ...