Purchasing power
Malaysia raises minimum wage to 1,050 ringgit per month
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
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
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...
Indonesian consumers among the world’s most optimistic
Indonesian consumers are still happy these days, particularly when compared to their neighbours. The country ranks as the most optimistic in Southeast Asia, according...
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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...