Gross Domestic Product

Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...

Faced with a debt crisis and various other economic problems, Laos saw its inflation jumping to 30.1 per cent year-on-year in August from 25.6...

Thailand’s households are struggling with the highest level of debt in 16 years, according to a new survey by the University of the Thai...

The Philippines’ public debt stood at a record high of 12.79 trillion pesos ($230.3 billion) when former President Rodrigo Duterte left office at the...

Thailand is planning to build a $37-billion smart city in an industrial hub in the so-called Eastern Economic Corridor in Chonburi province southeast of...

Facing a toxic combination of high external debt, dwindling cash reserves, surging inflation and a nosediving currency, the small Southeast Asian nation of Laos...

The economy of Myanmar has fallen in turmoil so drastically since the military coup on February 1, 2021 that the World Bank said it...

The economy of ASEAN’s smallest member Brunei in 2021 suffered its biggest contraction in five years, dropping 1.6 per cent as oil and gas...

Malaysia has attracted 16.52 billion ringgit ($3.8 billion) worth of new investments commitments through its trade mission in the US this year so far,...

Philippine think tank Action for Economic Reforms (AER) has warned that a potential presidency of Ferdinand Marcos Jr., the son of the country’s late...

GoTo Group, Indonesia’s biggest tech company which was formed through a merger of ride-hailing giant Gojek and e-commerce firm Tokopedia in 2021, has received...

The Covid-19 pandemic – or, as some say, rather government-imposed restrictions in response to it – has increased poverty and dealt a blow to...

Philippine President Rodrigo Duterte approved a law allowing foreign investment in more business sectors, Reuters cited his office as saying on March 4. The...

Brunei plans to expand production in the upstream and downstream oil and gas sectors after a new discovery of 42 million barrels of oil...

Oversea Filipino Workers, or OFW, sent home a record high of remittances through banking channels of $31.4 billion last year despite the prolonged Covid-19...

Cambodia’s garment, footwear and travel goods industry has seen a rebound in 2021 as exports rose by 15.2 per cent to $11.38 billion, according...

Money transfers back into Cambodia from nationals working abroad improved in 2021 after a Covid-19 induced slump in the previous year, with around 1.3...

Total receipts from tourism in all of Thailand’s 77 provinces slipped to another historic low in 2021, declining by 69.6 per cent to 241.4...