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Macroeconomics

Myanmar could raise per capita income 500% by 2030, says ADB

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Myanmar’s economic growth rate could rise to 9-10 per cent if the country invests more in human capital and infrastructure, and this could push...
Promised 6-7%-growth in Indonesia looks distant

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Investors should be careful assessing the GDP growth rates in Southeast Asia's largest economy, analysts say, as it is likely to underperform for some...
Vietnam cuts dong rate to US dollar by 1%

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The State Bank of Vietnam (SBV) on June 18 announced the decision to adjust the exchange rate between the Vietnam dong and the US...
Bahrain to limit rent hike to 5%

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The Bahraini parliament on April 9 approved legislation to cap rental increases at 5 per cent a year. The new maximum is half the...
World Bank trims East Asia 2014 growth forecasts

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The World Bank trimmed its 2014 growth forecast for developing East Asia but said the region's economies were likely to see steady growth in...
Labour costs rising in Southeast Asia

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Labour costs in the Southeast Asia region are rising further in 2014, in line with the implementation and increment of minimum wage in a...
Malaysia attracts $11.68b in foreign investment in 2013

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Malaysia attracted 38.774 billion ringgit ($11.68 billion) in foreign direct investments (FDI) in 2013, an increase of 24 per cent compared with 2012, the...

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Hong Kong's property prices are expected to drop, reports China's state newswire Xinhua, saying that prices have been affected by the US Federal Reserve's...
Spain-property

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After five years of double-dip recession, Spain’s economy seems to have stopped sinking. But the recovery will be a prolonged one. Despite having fallen...
Singapore home sales collapsed in December

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Private home sales in Singapore - one of the world's most expensive property markets - fell more than 80 per cent year-on-year in December...
High demand for Indonesia’s $4b bonds

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Indonesia has successfully sold its largest US dollar bond since the Asian financial crisis in 1998, $4 billion of 10- and thirty-year dollar-denominated bonds...
Thai crisis: Severe impact on economy, bourse

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The worsening political tensions in Thailand and the prospects of a "shutdown" of the Thai capital Bangkok starting from January 13 have rocked the...
Strikes cost Cambodia $200m in lost revenue

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Weeks of strikes by Cambodian garment workers have cost the sector $200 million in sales, according to the Garment Manufacturers Association in Cambodia. Association chairman...
Philippine economy to grow up to 7.5% in 2014

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The Philippines' First Metro Investment Corporation (FMIC), the investment banking arm of the Metrobank Group, said the Philippine economy is expected to continue its...
Singapore economy rebounded in 2013

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Singapore's economy grew by 3.7 per cent in 2013, Prime Minister Lee Hsien Loong said on December 31, as he stressed the need for...
IMF lauds Laos economy, but urges ‘caution’

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The International Monetary Fund (IMF) has praised Laos for its impressive economic growth but urges steps be taken to address growing economic vulnerabilities, according...
Malaysia’s central bank retains interest rate at 3%

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Malaysia's central bank on November 7 decided to retain its policy interest rate in order to support economic growth and contain inflation pressures. The...
World Bank cuts Indonesia’s growth forecast

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The World Bank has cut its economic forecast for Indonesia for 2013 and 2014, citing weaker commodity prices, tighter global liquidity and slowing domestic...