While most other multilateral institutions had slashed their respective 2021 gross domestic product (GDP) growth forecasts for the Philippines, the Washington-based International Monetary Fund (IMF) e…
Economy
Singapore first nation to ratify 15-nation economic cooperation agreement
Singapore became the first participating country to ratify the Regional Comprehensive Economic Partnership (RCEP) agreement, a multi-nation trade pact that brings together the 10 ASEAN economies as we…
ASEAN and Malaysian Companies Set Sights on Post-pandemic Success
SAP SE (NYSE: SAP) today announced the findings of its new study of enterprises in Southeast Asia, including Malaysia, uncovering the state of businesses and their strategic priorities, as well as cha…
IMF sees Vietnam economy growing at 6.5 pct
Vietnam’s economy is set to grow at 6.5 percent this year, well above the ASEAN average of 4.9 percent, as it shrugs off the impacts of Covid-19. It is the second highest rate forecast by the In…
Indonesia’s Jokowi Wants Growth. And Something More
In upsetting everyone’s best-laid plans, the pandemic has made us aware of the fallibility of our single-minded pursuit of peak efficiency. Among those seeking a more decompressed future, in which the…
How one little-known country ‘escaped’ the COVID-19 pandemic
For more than one year the world has been struggling against the pandemic caused by Covid-19. Schools, businesses, and sports venues have at times been ordered to close. Millions of people were told t…
Malaysian tech companies making waves in Indonesia, shine on a global stage
It is known that Malaysia — given its strategic geographic position throbbing at the heart of Southeast Asia and its competitive talent pool armed with a largely English-speaking population — is a ter…
If Myanmar crisis is not resolved, all of Asia will suffer
Since February, when Myanmar’s generals toppled democratically elected leaders in a coup d’etat, at least 500 civilians have been killed. As the coup turns into daily tales of bloodshed, the time for …
Asean Today – March 2021
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India & Bangladesh will power the recovery of South Asia’s economy, World Bank says
Returning to a high growth path will be the easy part for South Asian economies led by India, which confront much harder challenges in the form of increased inequalities and reduced access to educatio…