Asia M&A and investment review
India moves to cut reliance on Chinese solar modules and PV cells
India has taken significant strides when it comes to reducing import dependency for solar modules and PV cells, which is a result of expanding domestic manufacturing capabilities.
Singapore eases monetary policy again as growth outlook dims and tariff pressures mount
In its latest policy statement, MAS announced a reduction in the rate of appreciation of the Singapore dollar nominal effective exchange rate policy band, though it will maintain a path of gradual appreciation.
Russia and Indonesia work on direct bank settlement framework to bolster trade
Russia and Indonesia are currently working to establish direct settlement mechanisms between their respective banking institutions.
India eyes deeper trade ties with trusted economies
India is poised to significantly reshape the global trade landscape by expanding partnerships with trusted allies such as the US, Indian Commerce and Industry Minister Piyush Goyal said at the Carnegie India Global Technology Summit in New Delhi
US tariff pause offers breathing room for Indian exports
Even as the world reacts to a 90-day pause on tariffs for most countries, the impact of possible future US tariffs on Indian exports varies significantly across sectors.
Southeast Asia's leading economies ponder possible US tariffs as 90-day pause takes effect
When the US administration under President Donald Trump announced sweeping import tariffs on ASEAN nations, it triggered an immediate ripple across Southeast Asia’s export-dependent economies.
India’s energy growth to follow unique low-carbon path
India is expected to become an important player in global energy markets, following a distinct growth path marked by lower energy intensity, a diverse energy mix and expanding commodity imports, according to Wood Mackenzie's latest Horizons report.
Indian defence reforms stymied by lack of funds
India’s plans to modernise its military and strengthen domestic defence production are facing mounting challenges due to financial constraints, despite a net boost in the country’s defence budget.
Toyota to open fully-owned EV plant in Shanghai, increase operations in the US
Toyota to establish a wholly-owned EV and battery facility in Shanghai, expand US operations