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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...