Economic growth
Vietnam’s economy hit hard by Covid-19 pandemic, but shows resilience
Vietnam’s government reported that the country's gross domestic product (GDP) grew 2.58 per cent in 2021, slowing from a 2.91 per cent expansion in...
Vietnam, Indonesia strive to achieve developed country status by 2045
Vietnam and Indonesia have both ambitious plans to leave their status as developing countries with an emerging lower-middle income status behind and reach developed...
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...
Latest
Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...