Tag: economy
Asian Shares Extend Losses, Set For Worst Month Since March 2020
Asian shares fell on Friday, extending their biggest monthly drop since the height of global pandemic lockdowns last March on lingering investor concern over...
Record $4.9 Billion Raised In South-East Asia IPOs In First Half...
Companies in South-east Asia raised a record US$4.9 billion through initial public offerings (IPOs) in the first six months of this year, according to...
Gold Repatriation – Here’s How Gold Moves Around The World
Germany -- the country of beers, fast cars, sausages and Gold? Yes, the German government has the second biggest gold reserves in the world,...
Thailand Risks First Double-Dip Recession Since 1998 Asia Crisis
Thailand will likely be the worst economic performer in Southeast Asia this year, with economists continuing to slash the country’s growth forecast amid surging...
South Korea Aims To Update Free Trade Agreement With ASEAN
South Korea's trade ministry said on Tuesday (Jul 27) it has launched talks with ASEAN to update their free trade agreement (FTA) and further...
Bank Indonesia: Sharia Growth Overtakes National Economic Growth
The growth rates of the sharia economy in 2020 and early 2021 have been better than those of the national economy, Bank Indonesia (BI) has said.
"In...
Why Zombie Companies Are A Threat To Economies Around The World
During a period of lockdown and recession, fewer companies failed. This was a result of a combination of furlough schemes to reduce wage bills,...
Malaysia’s Lockdown Dooms 150,000 SMEs, Fuelling Fears of Exodus by Multinationals
Half of Malaysia’s 900,000 small and medium-sized enterprises (SMEs), which employ about 50 per cent of the country’s 15.9 million workers, could fold if the...
The Impact of Your Savings Towards High Inflation – What We...
If you live in a developed country, did not lose your job and were lucky enough to be able to work from home during...
As Covid-19 Batters Thailand’s Economy, Even Pawnshops Are Running Out of...
From his dusty Bangkok pawnshop, where gold deposits are still recorded in heavy wooden ledgers, Danai Tangvatanangkoon has had a ringside seat to decades...
Wuhan’s Industry Boosted By China-ASEAN Digital Cooperation
Deeper cooperation between China and the Association of Southeast Asian Nations (ASEAN) in the digital economy will benefit Wuhan, Central China's Hubei Province, which...
Goldman Sachs Says Covid Delta Variant Could ‘Significantly’ Hit Growth In...
Covid-19 infections are surging in several major Southeast Asian economies, and that has led Goldman Sachs to cut its 2021 growth forecasts for most...
