Economic growth
Covid-19 fallout will cost the Philippines some $800 billion in coming decades
The Philippines will face a long-term cost burden of more than 41 trillion pesos ($802 billion) in the next decades from the fallout of...
Malaysia’s economy contracts 5.6% in 2020, worst since Asian Financial Crisis
Kuala Lumpur witnessed numerous lockdowns amid the pandemic
Malaysia's economy contracted 5.6 per cent in 2020 as the...
Second Covid-19 wave a severe threat for Thailand’s economy
Sukhumvit Road in Bangkok's central business district offers a dystopian sight
A second wave of coronavirus infections in...
Vietnam’s economy wins against Covid-19
Vietnam has so far emerged as the sole country in Southeast Asia to post GDP growth this...
Malaysia’s economy could shrink as much as 2% this year
Malaysia’s economy could shrink as much as two per cent in 2020
as a result of the coronavirus...
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...
Gloomy outlook for Singapore’s economy as trade war bites
Singapore’s government cut its forecast for economic growth this 2019 to almost zero as the escalating US-China...
IMF says Myanmar’s economy is losing steam
Mandalay street market © Arno Maierbrugger
The International Monetary Fund (IMF) expressed concern
about the Myanmar economy...
Over 190 million Indonesians go to world’s largest polls
Photo courtesy: AFP
More than 190 million Indonesians, including some two million living overseas, are set...
ADB says Myanmar’s economy gets back on track
The legendary empty 20-lane-highway in Myanmar's capital Naypyitaw © Arno Maierbrugger
Myanmar’s economic growth, which has been...
Malaysia expects healthy growth rate of 4.9% this year
Malaysia's economy continues to be strong and GDP is expected to expand a further 4.9 per cent in 2019 even with a decline in...
Thai economy grows better than expected, but election looms
Thailand's economy grew fastest in six years in 2018, with fourth-quarter beating expectations on higher domestic demand and record tourism arrivals. GDP rose 3.7...
Laos lays out economic growth path
The Laos government has unveiled a new national development vision, which it plans to facilitate from 2021 to 2025.
The plan entails the transformation of...
Philippines GDP growth slowest in three years
The Philippine economy grew 6.2 per cent in 2018, missing the government’s growth target as price increases slowed consumer spending as well as business...
Bangkok smog to cause economic damage of over $200 million
The current severe air pollution crisis in Thailand’s capital Bangkok is expected to cost the country up to 6.6 billion baht ($207.8 million) in...
Vietnam records highest economic growth in a decade
Vietnam’s economy grew by 7.08 per cent in 2018, the fastest rate in the past eleven years and beating the target of 6.7 per...
Cambodia’s economic growth to reach 7.3% this year
Cambodia’s economy is expected to grow by 7.3 per cent this year, spurred by the robust performance of garment exports, tourism and construction, deputy...
Thailand’s economy slows, foreign investors on the sidelines
Thailand's economy slowed in the third quarter this year as the trade war and a slowdown in tourism started to bite, prompting the government...
Latest
Malaysian doctor creates world’s first unisex condom
Malaysia has come in the news for a rather unconventional, but nevertheless quite practical innovation: the world’s first unisex condom.
According to an October 28...
Stories of the week
Singapore plans to import green energy to reach low-carbon goals
Singapore plans to transform its energy consumption towards low-carbon electricity by 2035 and import up to four gigawatts of green power, the equivalent of...