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Purchasing power

Malaysia raises minimum wage to 1,050 ringgit per month

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The Malaysian government will raise and standardise the minimum wage for the private sector across the country as of January 1, 2019, fulfilling one...
Singapore, Makati, Bangkok: Highest cost of living in Southeast Asia

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The 2018 Cost of Living Index compiled by crowd-sourced global database Numbeo ranked Singapore, Makati and Bangkok as the three cities with the highest...
Vietnam GDP growth highest in seven years

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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

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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...
Indonesian consumers among the world’s most optimistic

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Indonesian consumers are still happy these days, particularly when compared to their neighbours. The country ranks as the most optimistic in Southeast Asia, according...