Tag: Southeast Asia
BCG Model Touted As Solution For Ailing Thailand’s Economy
The bio-circular and green (BCG) economy is likely the best model in the short term to revitalise a Thai economy battered by Covid-19 outbreaks,...
A Bright Spot In An Uncertain Southeast Asian Economy: Singapore Raises...
Singapore’s economy is set to expand at a faster rate than the government previously expected as the city-state shakes off an uptick in virus...
Delta Surge Slows Down Asia’s Economic Recovery
A report by the Wall Street Journal on Monday (Aug 2) claims that the highly contagious Delta variant is stalling Asia's economic recovery after...
SoftBank Ramps Up Startups Investment In Southeast Asia
SoftBank Group (SBG) is stepping up investment in startups in Southeast Asia again. Many of these startups are unicorns -- a company valued at...
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...
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...
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...
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...
Malaysia Considers Relaxing Movement Restrictions For The Fully Vaccinated
The Malaysian government is looking into relaxing restrictions for those who are fully vaccinated, including allowing people to travel or dine at restaurants, says Prime Minister...
Netbank And Investree Launch SME Lending In The Philippines
Netbank, the banking as a service platform, and Investree, the leading SME lender from Indonesia, have announced a partnership to expand loans to SMEs...
Indonesia Central Bank Slashes 2021 GDP Outlook To 3.8%
Indonesia's central bank has cut its forecast for 2021 economic growth to 3.8% based on early assessment of the impact of recent coronavirus restrictions,...
