Singapore promises 2020 recovery after quarterly growth

Singapore exceeded estimates for economic growth in the third quarter with the city-state’s authorities claiming that a full recovery will be secured next year. GDP...

Trade war prompts US firms to set sights on Thailand

Companies in the United States are transferring their operations to Southeast Asia—particularly Thailand—having suffered from more than a year of trade dispute between the...

Indonesia reports trade surplus

Indonesia posted a surprise trade surplus last month, beating forecasts of a deficit. Imports fell more sharply than exports amid feeble global and domestic...

Malaysian government to bail out pilgrimage fund for RM10.3 billion

The government of Malaysia will bear an RM10.3 billion ($2.48 billion) premium to restore the financial health of Lembaga Tabung Haji (LTH) as part...

Singapore bans PMDs from public sidewalks

Singapore’s recent ban on personal mobility devices from footpaths, while sudden and unexpected, has been generally well-received by the public and food delivery companies. Just...

Philippines gets $500M funding from World Bank

The World Bank has committed worth $500 million to support the Philippines’ Agriculture department. In a statement over the weekend, Agriculture Secretary William Dar said...

PH to retaliate vs. Thailand over cigarette import dispute

The Philippine government is keen on imposing quantitative restrictions (QR) against automotive imports from Thailand for the latter’s alleged non-compliance with measures sanctioned by...

PH economy grows at its fastest in nearly 2 years

THE Philippine economy grew at its fastest in nearly two years, on the back of the government’s catch-up in spending to make up for...

Thailand cuts interest rate to record low

Thailand’s central bank on Wednesday (Nov. 6) cut its benchmark interest rate to a record low of 1.25% as it tries to bolster sluggish...

Philippine SEC to probe into P700-M stock theft

The Philippine Securities and Exchange Commission (SEC) is set to probe into the multi-million theft by a stock trader which led to the closure...

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Philippines receives $2.5B loan from ADB

The Asian Development Bank (ADB) has lent some $2.5 billion support to the Philippines, the highest ever extended in a single year. On Friday, the...

Philippine central bank pauses rate cuts on benign inflation

The Philippine central bank on Thursday held interest rates steady at its last monetary policy meeting for the year due to a positive domestic...

Asean’s plastic shame 

Asean’s beaches, seas and waterways continue to choke on plastic waste, with much of it imported from the developed world. Idyllic spots throughout the biodiverse...