Philippine officials signed the implementing rules and regulations (IRR) for Republic Act 12079, enabling value-added tax (VAT) refunds...

The Thai Chamber of Commerce (TCC) has urged the government to grant local businesses the same tax incentives as foreign investors to...

Vietnam does not need to choose between developing a specialised or comprehensive financial centre but can adopt a flexible approach,...

The OECD cut South Korea’s 2024 growth forecast to 1.5% from 2.1%, citing rising trade barriers and geopolitical risks, according to its...

The World Bank has raised Vietnam’s real GDP growth forecast for 2025 to 6.8%, up 0.2 percentage points from its January estimate but...

Thailand is seeing increased foreign investment amid global trade tensions, helping to drive economic growth toward its 3-3.5% target,...

Economists have lowered growth forecasts for Singapore and Hong Kong in the second half of 2025, citing rising risks from higher US...

South Korea fell three spots to 17th in the 2025 Heritage Foundation Index of Economic Freedom, despite its overall score rising to 74...

Nearly one-third of South Korea’s largest companies reported worsening financial conditions this year, according to a survey by Mono...

Japanese corporate capital expenditure fell 0.2% year-on-year in the fourth quarter, marking the first decline in nearly four years, as...

Hong Kong’s financial sector stands to benefit from artificial intelligence advancements, China’s financial liberalisation, and rising...

Corporate liquidations in Singapore surged to a record high in 2024, with 307 firms shuttered, up from 201 the previous year, according...

Malaysia’s economy is projected to grow 4.7% this year, supported by strong momentum, though external risks remain, the International...

China plans to inject at least CNY400bn (USD56bn) into three of its largest banks in the coming months as part of efforts to stabilise...

Hong Kong’s 2025-26 financial budget introduces new measures to support startups, drive innovation, and attract global investment,...

Chief financial officers (CFOs) across Southeast Asia are showing increased optimism about economic prospects despite ongoing...

China is stepping up efforts to attract foreign businesses after inbound investment fell to its lowest level since 1992. The Commerce...

Hong Kong’s job market is recovering, with financial services and technology sectors leading in headcount and salary growth. Recruitment...

Japan’s economy grew at an annualised 2.8% in the fourth quarter of 2024, exceeding forecasts of 0.3%, driven by steady exports and...

Malaysia will host a joint summit in May with China, ASEAN, and the Gulf Cooperation Council (GCC) to strengthen economic ties amid...