Recession
Myanmar’s currency falls to all-time low against US dollar
Myanmar’s currency, the kyat, has fallen to a new all-time low against the US dollar this September amid growing concerns about the stability of...
Malaysia’s economy contracts 5.6% in 2020, worst since Asian Financial Crisis
Kuala Lumpur witnessed numerous lockdowns amid the pandemic
Malaysia's economy contracted 5.6 per cent in 2020 as the...
Philippines drops into recession after record GDP slump in second quarter
Bonifacio Global City, a previously busy urban hub for business and leisure in Taguig, Metro Manila, is deserted during the lockdown
Indonesia’s economy in worst shape since two decades
Indonesia’s economy, hit hard by the escalating spread of the coronavirus, in the second quarter of this...
Singapore economy plunges more than 40% in second quarter
The Singapore-Malaysia border will reopen for business travel and labourers on August 10. Picture: Lionel Lim
Singapore's economy...
Singapore to pump $4 billion in virus-hit economy
Singapore will set aside a budget of S$5.6 billion ($4
billion) to support the ailing economy in the...
Thai economy heading towards recession
Thailand's economy shrank more than expected in the first quarter of 2014 as exports remained weak and domestic activity was battered by months of...
Latest
Union Bank named preferred bidder for Citibank’s Philippine assets
Union Bank of the Philippines has been named as preferred bidder by Citibank for the latter’s consumer banking division in the Philippines, Bloomberg News...
Stories of the week
Indonesia turns tech-savvy millennials into skilled farmers
In most parts of the developed and developing world, today’s youngest workforce cohort, the millennials, are tech-savvy youngsters attracted by respective city jobs, tech...