inflation
Malaysia’s minimum wage hike comes at the wrong time, businesses say
The significant raise of Malaysia’s minimum wage by May 1 predictably does not find favour among businesses in the private sector, but some economists...
Indonesia has highest crypto adoption rate worldwide: study
Ownership of digital assets including cryptocurrencies in Indonesia is among the highest globally as many investors in the country look at those assets as...
Thailand to hike daily minimum wage amid rising cost of living
The Thai government is close to approving a potentially sharp rise in the daily minimum wage from a rate between 313 baht ($9.37) and...
2022 to bring higher inflation, rate hikes for Southeast Asia
Inflation in Southeast Asian economies is expected to hit its highest level in ten years in 2022, setting the stage for the start of...
IMF says Myanmar’s economy is losing steam
Mandalay street market © Arno Maierbrugger
The International Monetary Fund (IMF) expressed concern
about the Myanmar economy...
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...
Thailand raises interest rates after long hiatus
Thailand’s central bank raised its benchmark interest rate for the first time since 2011, joining peers in the region in tightening monetary policy this...
Philippine inflation could rise to 7%, only lagging Myanmar’s in ASEAN
Filipinos are increasingly forced to tighten their belts in the wake of a continued high inflation rate which reached 6.4 per cent in August...
Philippine president seeks advice as country faces mounting economic troubles
Philippine President Rodrigo Duterte, who previously had confessed his inadequacy on economic issues, is seeking help from people more fit in the subject. The...
Philippine GDP growth drops to three-year-low
Economic growth in the Philippines slowed to six per cent during the second quarter of the year, the Philippine Statistics Authority said on August...
Credit watcher sees “overheating risk” for Philippine economy
Despite sticking to its investment grade and stable outlook on the Philippines, US-based rating agency Fitch said the country’s economy was in danger of...
More warnings on “overheating” Philippines economy
Another warning has been aired that the Philippine economy, one of the fastest-growing in Asia, is in risk of overheating – just shortly after...
Labour Day brings new minimum wage to Laos: $130 per month
All businesses and factories in Laos are required to increase the minimum wage from 900,000 kip (some $108) to 1.1 million kip ($133) a...
Vietnam GDP growth highest in seven years
Vietnam’s economic growth in the third quarter was the highest in seven years, though overall inflation also started inching up in August and continued...
Malaysia’s inflation climbs to over 5%, highest in eight years
Amid a recovery in the ringgit exchange rate to the US dollar, Malaysia's annual inflation rate is expected to have risen to 5.3 per...
Thailand tops “happy country” list for low unemployment, stable inflation
Thailand is the world's happiest country, and Venezuela is the most miserable - this is the result of Bloomberg's newly released Misery Index which...
Singapore economy remains in the doldrums amid weak trade outlook
GDP growth outlook for Singapore's export-dependent economy remains subdue owing to weak trade forecasts amid sluggish global demand., the city state's central bank said...
Thailand could face recession in first half of 2014
Thailand's first-half economic growth in 2014 may stagnate or decline from last year's fourth quarter on the slowdown in domestic economic activity, says a...
Latest
Singapore biotech startup considers stock listing to raise $300 million
Singapore-based biotechnology startup Mirxes, which focuses on preventive healthcare solutions for cancer and infectious diseases, is weighing an initial public offering (IPO) in the...
Stories of the week
Vietnam to develop 41 smart cities
Vietnam’s economic planners have presented ideas to create smart cities in 41 out of the 63 provinces and cities in the country in order...