SINGAPORE – Singapore’s export-reliant bellwether economy is bracing for tough times in 2023 with trade expected to shrink or record no growth amid weakening global demand, tighter liquidity and persistent inflation. Accordingly, many economists foresee a possible technical recession in the first half of next year. Though the Ministry of Trade and Industry (MTI) does […]Continue Reading
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Almost US$451mil loans disbursed to MSMEs across Malaysia and Indonesia Access to financing has long been a point of contention for micro, small, and medium-sized enterprises (MSMEs), even before the pandemic. According to industry studies over half of MSMEs…Continue Reading
In 1949, former US president Harry Truman launched the first US global aid program, declaring that “all nations [should] work together through the United Nations” in “a worldwide effort for the achievement of peace, plenty and freedom.” At the 76th United Nations General Assembly in 2021, Chinese President Xi Jinping called on the global community […]Continue Reading
India’ s domestically-driven economy and Indonesia’ h commodity-led exports should provide some strength despite a more difficult operating environment characterised by higher global inflation, rising rates of interest and liquidity tightening. Elaine Koh, senior director for Asia-Pacific non-bank financial institutions from Fitch Ratings talks about the prospects meant for India and Indonesia’ s finance and leasing sector in the current economic environment.Continue Reading
Read on to find out the particular winners of our House Awards – Asia.Continue Reading
The Bank of Japan shook world markets on Tuesday in a monetary move that at the least reminded everyone the entity still exists. It’s been a long, long while since Governor Haruhiko Kuroda logged into global markets. Seeing that the green light next to his avatar had switched on was enough to send the yen […]Continue Reading
The government will roll out a package of stimulus measures as “New Year gifts”, including tax rebates for shoppers, reductions in land and building taxes, and property transaction fees to boost public consumption and the economy over the coming year.Continue Reading
JAKARTA – Indonesia may be on safe ground for now, but Finance Minister Sri Mulyani Indrawati is preparing for a worst-case scenario in 2023 by slashing line ministry spending and drawing up contingencies for a now widely-expected global recession. The impact of US Federal Reserve rate hikes, persistent inflationary pressures and a slowdown in global […]Continue Reading
The Bhumjaithai Party is offering a range of policies to woo voters, from crop price guarantees to a debt moratorium.Continue Reading
11 out of 100 awardees are based in Malaysia including Saora Industries
Part of Project AsiaForward initiative to celebrate tech led entities in SEA As part of its Project AsiaForward initiative, Alibaba Cloud has teamed up with tech ecosystem partners to celebrate the diverse achievements of tech-driven entities in Southeast Asia.
Known as…Continue Reading