Economic outlook
Myanmar’s economy in chaos, outlook impossible: World Bank
The economy of Myanmar has fallen in turmoil so drastically since the military coup on February 1, 2021 that the World Bank said it...
Myanmar’s economic outlook remains bleak after one year of renewed military rule
The World Bank is maintaining a bleak outlook for Myanmar from the double whammy of the military coup on February 1, 2021 and the...
Asia Development Bank with subdued outlook for Southeast Asia’s Covid-19 recovery
Southeast Asia’s economies are on a much slower recovery path from the Covid-19 crisis than previously thought, according to a new assessment by the...
Heavy damage expected for Myanmar’s economy after surprise coup
The February 1 military coup will take a significant toll on Myanmar’s economy which is already battered...
Thailand’s economy in downward spiral after new Covid-19 wave hits
Thailand's economic conditions are expected to deteriorate further this year as the nation battles a new wave...
Economic outlook for Philippines, Thailand and Malaysia worst in Southeast Asia
The Philippines and Thailand are the Southeast Asian countries whose economies have been hit hardest by the...
Philippine economy remains in overdrive, but warning signs appear
A bloody anti-drug war that blurs the line between law and lawlessness and serious problems with jihadists in the south did so far not...
Latest
Garuda halves debt, believes profitability in sight
Indonesia’s national carrier Garuda Indonesia has halved its debt and achieved comparable cuts to aircraft leasing costs in negotiations with creditors, according to a...
Stories of the week
ING next foreign bank to exit retail banking in the Philippines
Dutch financial services group ING Bank is exiting the retail banking market in the Philippines, just shortly after US banking giant Citi did the...