oil prices
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...
Malaysia PM comes up with $72b economic plan
Malaysian Prime Minister Najib Razak last week unveiled a $72 billion plan to revive his country's slowing economic growth amid a collapse in oil...
Thai industry confidence hits new low
The Thai industries sentiment index (TISI) for September 2013 dropped from 91.3 points in August to its lowest level in 23 months at 90.4,...
Muslim ASEAN nations concerned about Syria (scenarios)
Islamic-majority nations in ASEAN, namely Malaysia and Indonesia, have expressed worries about how a crisis in Syria and the Middle East that could affect...
Indonesia posts biggest-ever trade deficit
Indonesia on September 2 unexpectedly reported a record trade deficit for July 2013 of $2,3 billion, up from $880 million in the previous month...
Indonesia to raise fuel prices amid protests
The Indonesian government in a late-night budget session on June 17 decided to heavily raise subsidised fuel prices, a highly unpopular move in the...
Food security a concern: ASEAN can help
The future outlook for affordable food supply in the world is bleak: A new norm of costlier food is setting in globally. Food imports for the more arid countries in the world , notably those in the GCC region, will become more challenging.
Philippine 2013 GDP forecast raised again
Economic analysts are forecasting a standout year for the Philippines, already home to one of the fasting growing stock markets in the world whose...
G20 pledges to strengthen global economy
Facing the debt crisis in Europe that threatens to affect markets worldwide, G20 world leaders who concluded their annual meeting in Los Cabos, Mexico,...
Export volumes in ASEAN under pressure
Export is no longer the growth engine for certain ASEAN nations, the UK-based Centre for Economics and Business Research (CEBR) said in its recent...
GCC economies can gain from oil prices
The Gulf region is expected to experience an oil-fuelled economic boom based on rising crude prices and its positive effects on spin-off industries, according...
S&P forecasts oil-fuelled growth for Middle East
Countries in the GCC can expect five years of economic gain from rising oil prices, according to a report by Standard & Poor’s.
Compared with...
Oil prices too high according to Petronas
Though oil prices have been steadily on the rise for some time now, the chairman of Malaysia’s Petronas Corporation says that the prices should...
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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...