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3 days ago

IMF warns trade tensions threaten Asia's economic prospects

The International Monetary Fund (IMF) cautioned that escalating trade tensions and retaliatory tariffs could undermine Asia's economic...

IMF cuts South Korea's 2025 growth forecast to 2%

4 days ago

ECONOMY

IMF cuts South Korea's 2025 growth forecast to 2%

The International Monetary Fund (IMF) lowered its economic growth forecast for South Korea to 2% for 2025, down from 2.2% projected in...

China supports HK’s growth as international financial hub

5 days ago

ECONOMY

China supports HK’s growth as international financial hub

Chinese Vice Premier He Lifeng pledged to boost Hong Kong's competitiveness through investment in innovation and stronger financial...

Singapore, Hong Kong investors positive on Trump outlook

6 days ago

ECONOMY

Singapore, Hong Kong investors positive on Trump outlook

Hong Kong investors view Donald Trump’s election as beneficial for the global economy despite potential US-China tensions, a survey by...

Thai GDP growth forecast at 2.8% in 2025

Nov 18

ECONOMY

Thai GDP growth forecast at 2.8% in 2025

Thailand's economy is projected to sustain moderate growth in 2025 despite external risks, the National Economic and Social Development...

Thailand targets 3.5% growth with new stimulus

Nov 14

ECONOMY

Thailand targets 3.5% growth with new stimulus

Thailand aims for 3.5% economic growth in 2025, up from this year’s 2.7% forecast, with plans to implement additional stimulus measures,...

Hong Kong's 2023 growth expected near lower end of forecast

Nov 13

ECONOMY

Hong Kong's 2023 growth expected near lower end of forecast

Hong Kong's economic growth for 2023 is anticipated to be near the lower end of the government's forecast range of 2.5% to 3.5%,...

Singapore eyes stronger ties with Trump administration

Nov 8

ECONOMY

Singapore eyes stronger ties with Trump administration

Singapore is ready to work with incoming US President Donald Trump and his administration to enhance bilateral ties and fortify the US...

Thai business leaders to discuss economic measures with central bank

Nov 8

ECONOMY

Thai business leaders to discuss economic measures with central bank

Business leaders in Thailand are set to meet with the Bank of Thailand governor on November 14 to discuss new financial measures aimed at...

Trump's victory spurs calls for stronger South Korea-US ties

Nov 7

ECONOMY

Trump's victory spurs calls for stronger South Korea-US ties

South Korea’s leading business organisations extended congratulations to Donald Trump following his victory in the US presidential...

Nov 4

ECONOMY

Hong Kong economy slows to weakest pace in five quarters

Hong Kong's economy grew by 1.8% in Q3 compared to the same period last year, marking the slowest pace in five quarters, according to...

Nov 1

ECONOMY

Indonesia boosts sharia economy to strengthen growth

Indonesia is emphasising the strategic role of sharia economics and finance in driving sustainable economic growth amid complex global...

Philippines eyes top 20% in World Bank business ready rankings by 2026

Oct 30

ECONOMY

Philippines eyes top 20% in World Bank business ready rankings by 2026

The Philippines aims to join the top 20% of countries in the World Bank’s Business Ready (B-READY) rankings by 2026, according to the...

Oct 29

ECONOMY

Singapore’s digital economy grows 6.6% in 2023

Singapore’s digital economy expanded 6.6% in 2023, contributing SGD113bn, or 17.7% of GDP, according to the Infocomm Media Development...

IMF projects 6.1% growth for Vietnam in 2025

Oct 25

ECONOMY

IMF projects 6.1% growth for Vietnam in 2025

The International Monetary Fund's (IMF) updated World Economic Outlook 2025 projects Vietnam's economy to grow by 6.1% next year,...

Moody's warns rising household debt threatens ASEAN banks' asset quality

Oct 23

ECONOMY

Moody's warns rising household debt threatens ASEAN banks' asset quality

Southeast Asian banks, including those in the Philippines, face asset quality risks due to increasing household debt and elevated...

Southeast Asia needs USD190bn annually to meet climate goals by 2035

Oct 23

ECONOMY

Southeast Asia needs USD190bn annually to meet climate goals by 2035

Southeast Asia must increase clean energy investments to USD190bn annually by 2035—about five times the current level—to meet climate...

Temasek, Saudi's PIF lead Moody's intrinsic credit quality rankings

Oct 22

ECONOMY

Temasek, Saudi's PIF lead Moody's intrinsic credit quality rankings

Singapore's Temasek Holdings and Saudi Arabia's Public Investment Fund (PIF) have the strongest intrinsic credit quality among 11...

Oct 18

ECONOMY

China’s Q3 growth hits six-quarter low

China’s economy likely recorded its weakest growth in six quarters, with third-quarter expansion expected at 4.5%, according to...

HSBC reviews China wealth business amid rising costs

Oct 17

ECONOMY

HSBC reviews China wealth business amid rising costs

HSBC Holdings Plc is reviewing expenses and operational controls at its China digital wealth business, Pinnacle, potentially leading to...

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