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Adam Ang

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Adam is a former business reporter in the Philippines. He's currently pursuing a master's degree from the University of the Philippines.

Malaysia’s GDP contraction softens in Q1 on export recovery

Malaysia remains on course to recovery this year after easing the decline in its economic output in the first three months of 2021. The country's gross domestic product made a 0.5% contraction in the first quarter, government statistics released last week showed, extending the economic...

BioNTech to put up manufacturing site in Singapore

Biopharmaceutical New Technologies or BioNTech has chosen Singapore to expand its manufacturing roots in Southeast Asia. The Nasdaq-listed immunotherapy firm on May 10 said it will set up in the city-state its regional headquarters and a fully integrated mRNA manufacturing facility that will produce vaccines...

Indonesia’s GDP contracts 0.7% in Q1

Indonesia saw its economy slightly contracted by 0.74% year-on-year in the first three months of 2021, which signals its continuing recovery as the government raises fiscal support and inoculates more people against COVID-19. This is the fourth straight quarter that the country posted a contraction...

COVID-19, coup pushing half of Myanmar into poverty: UNDP

Nearly half of Myanmar's population is at risk of falling into poverty by 2022 if the twin impacts of the COVID-19 pandemic and the ongoing political crisis there will not be abated, a United Nations Development Programme (UNDP) report warns. As much as 25 million...

ASEAN leaders want end on Myanmar crisis, envoy to facilitate talks

Southeast Asian chiefs reached an agreement with Myanmar's junta leader on Saturday to immediately end the ongoing crisis in the country, though without "a clear timeline for action." Brunei, chair of the 10-member Association of Southeast Asian Nations (ASEAN), said in a statement that the...

ASEAN press freedom weakens as Malaysia slips furthest

Press freedom in Southeast Asia continues to languish as Malaysia steps back the farthest among world nations in this year's World Press Freedom Index. The index compiled by Reporters sans frontières (RSF), also known as Reporters Without Borders, shows a general "bad" press freedom situation...

Philippines pledges 75% cut on carbon emissions

The country was last among Southeast Asian countries that submitted their official commitments to the Paris Climate Change agreement. The Philippines has submitted its official pledge to the global climate change treaty, planning to reduce three-fourths of carbon emissions within the decade. The majority of the...

Grab set for US listing via ‘world’s biggest’ SPAC merger

Grab Holdings Inc., the company behind Southeast Asia's largest ride-hailing and food delivery platform, is set to go public in the U.S. through a merger with a shell company that will value it at nearly $40 billion.  In a statement on April 13, the Singapore-headquartered...

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South Korean company, ENPlus Co. Ltd. is inveswting in the Philippines to put up an electric vehicle manufacturing plant registered under PEZA.

Electric Vehicle Manufacturing Plant Soon to Rise in the Philippines

The advent of technology gives rise to the emergence of e-vehicles (EV). A South Korean firm invests ₱5 billion to rise an electric vehicle...
2021 World Travel Awards once again named the Philippines as Asia's Top Beach and Dive destination.

2021 World Travel Awards: Philippines, Asia’s Top Beach and Dive Destination

For the fifth time, the Philippines is once again named "Asia's Leading Beach Destination" in the 2021 World Travel Awards. The country also remained...
Malaysian forest reserves are in the verge of deforestation due to logging, mining, and oil palm plantation.

Malaysian Forest Reserves Denuded of Protection, on the Verge of Deforestation

Two Malaysian forest reserves in Johor, Malaysia, used to be jungles rich in wildlife diversity. Jemaluang and Tenggaroh are dense forests where elephants, sun...