Fiscal
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Asia-Pacific economies hit hard by coronavirus pandemic
The World Bank's East Asia and Pacific Economic Update, April 2020, illustrates the damage done by the coronavirus on Southeast Asia's...
Singapore to boost virus-hit economy with $33-billion emergency package
Photo by NST/Athni
The Singapore government has earmarked another 48 billion
Singapore dollars ($33.2billion) to support its businesses and...
Worst of the virus crisis could be over in Vietnam
Vietnam is looking ahead for a tentative rebound of its coronavirus-hit economy as the caseload remained relatively...
Overseas Filipino Workers’ lifelines hit by coronavirus pandemic
The economic fallout of the coronavirus crisis could hit the Philippines drastically because the country relies heavily...
Southeast Asian stocks nosedive as coronavirus keeps spreading
The Stock Exchange of Thailand experienced the worst drop among Southeast Asian bourses since the beginning of the year © Arno...
Cambodia to temporarily close 200 textile factories as supply chains dry up due to virus
The Cambodian government has warned that about 200 garment and textile factories in the country will likely...
Indonesia supports virus-hit tourism industry with subsidies
The Indonesian government has said it would provide at least 10.3 trillion rupiah ($744 million) in subsidies for workers,...
Malaysian stocks, ringgit drop, politics in chaos after Dr. M resigns
Malaysia’s stocks plunged and the ringgit fell on February 24 morning on news that Prime Minister Mahathir...
Virus epidemic to cost Vietnam’s economy billions
Police guard a quarantined village in northern Vietnam
With a substantial drop in tourism arrivals, closed factories,
un- or...
Singapore to pump $4 billion in virus-hit economy
Singapore will set aside a budget of S$5.6 billion ($4
billion) to support the ailing economy in the...
Thailand’s tourism arrivals feared to drop by 50%
Sluggish traffic at Bangkok's main Suvarnabhumi airport
Foreign tourist arrivals in Thailand could drop by 50 per
cent in...
European Union announces partial suspension of Cambodia’s trade benefits
The European Commission on February 12 formally announced that Cambodia will be partially removed from a preferential...
Tourism arrivals in Singapore could drop by 30% amid virus epidemic
Singapore could see a decline of up to 30 per cent in both tourist arrivals and receipts...
EU expected to suspend some of Cambodia’s duty free privileges
Sihanoukville container port, Cambodia's only deep-sea port
The European Union after a year-long review of Cambodia’s labour conditions...
Cambodia to launch digital currency-based national payment platform
The National Bank of Cambodia, the country’s central bank, is preparing the launch of a blockchain-based, peer-to-peer...
Vietnam tops foreign direct investment inflows in Southeast Asia
Ho Chi Minh City skyline © Arno Maierbrugger
Booming Vietnam has become Southeast Asia’s top receiver of
foreign...
Virus crisis to cost Thailand’s tourism dearly
The coronavirus crisis is likely to cost Thailand at least 50 billion baht ($ 1.63 billion) in...
Global fashion brands send letter of concern over labour standards to Cambodia’s leader
Cambodian garment workers on the way to the factory
Nearly two dozen global clothing and shoe brands have...
Latest
Virus crisis erases $28 billion in wealth of Thailand’s richest
Thailand’s 50’s richest see their wealth shrinking fundamentally as a result of panic selling at the stock...
Stories of the week
Near-total lockdown in Singapore announced
Singapore's Prime Minister Lee Hsien Loong on April 3 on national television announced a near-total lockdown of...