

Philippines finance chief seeks to woo global investors in Davos
The Philippines needs more investments to hit the upper end of its 6%-8% growth target, Finance Secretary Ralph G. Recto said. At the...
Jan 23


Asean+3 growth slows as US-China tariff tensions rise
The Asean+3 Macroeconomic Research Office (Amro) has lowered its 2025 growth forecast for Asean+3 economies, citing expected U.S. tariff...
Jan 22


Moody’s sees Philippines growth slowing to 6.1% in 2025
The Philippine economy is expected to grow 6.1% in 2025, down from an estimated 6.2% in 2024, Moody’s Ratings said in an outlook. Despite...
Jan 20


Japan bankruptcies hit 11-year high
Corporate bankruptcies in Japan topped 10,000 in 2024, the highest in 11 years, driven by labour shortages and rising import costs due to...
Jan 16


Hong Kong will continue to promote sustainable finance
Hong Kong will continue promoting sustainable finance to attract capital for green projects in the city, Mainland China, and Asia,...
Jan 15


Thailand eyes USD28.8bn in 2025 investments
Thailand expects to attract at least USD28.8bn in investment applications in 2025, as it seeks to boost its economy, the Board of...
Jan 15


Vietnam’s credit institutions predict growth, lower risks in 2025
Vietnam’s credit institutions anticipate improved business performance in 2025, with 74.6% expecting growth in the first quarter and...
Jan 14


Slow payments among Singapore firms rise for first time in six quarters
Slow payments among Singapore companies increased for the first time since Q2 2023, rising by 0.05 percentage points to 44.05% in Q4 2024...
Jan 8


Vietnam economy grows 7.09% in 2024, boosted by exports and investment
Vietnam’s economy expanded by 7.09% in 2024 to USD476.3bn, outpacing 2023’s 5.05% growth, driven by robust exports and foreign...
Jan 8


World's wealthiest people hit USD10tr, tech titans lead
The world’s 500 wealthiest individuals reached a combined net worth of nearly USD10tr in 2024, helped by a surge in US technology stocks....
Jan 6


Asia First and Startups Community Asia Ltd Unite to Empower Entrepreneurs and Investors
Startups Community Asia Ltd , which operates leading platform for entrepreneurs, StartHub Asia, and Asia First , a prominent source for...
Jan 3


Singapore beats forecast, grows 4% in 2024
Singapore’s economy expanded 4% year on year in 2024, surpassing 2023’s 1.1% growth. Fourth-quarter GDP rose 4.3%, slower than Q3’s...
Jan 3


Thailand joins BRICS as partner country
Thailand joined BRICS as a partner country on 1 January 2025, as confirmed by the Ministry of Foreign Affairs. The announcement came from...
Jan 3


South Korea expands support for trade-hit firms
South Korea will implement a new trade rule to expand support for companies affected by trade agreements, the industry ministry said. The...
Jan 2


Vietnam enacts major economic reforms from January 1, 2025
Starting January 1, several key economic policies will take effect in Vietnam, including new transport regulations, tax adjustments, and...
Jan 1, 2025


Xi projects 5% GDP growth for China in 2024
China’s gross domestic product is projected to grow around 5% in 2024, President Xi Jinping said, signaling the economy is on track to...
Jan 1, 2025


South Korean main business lobby solicits support for local economy
South Korea’s main business lobby has sent letters this week urging support for the Korean economy from 33 global counterparts amid...
Dec 30, 2024


Japan central bank remains cautious on rate hikes
Bank of Japan governor Kazuo Ueda has made cautious remarks, signalling no rate hike next month, prompting the yen to weaken. Ueda said...
Dec 27, 2024


Indonesia secures USD7.4bn in new Chinese investments
Indonesia secured USD7.4bn in new investment commitments from China, covering polysilicon, fiberglass, polyethylene terephthalate (PET),...
Dec 26, 2024


South Korea warns of economic slowdown amid political turmoil
South Korea’s finance minister said a slowdown in economic growth is unavoidable as the government prepares to lower forecasts for this...
Dec 25, 2024