IMF lowers Korea’s 2025 growth outlook to 2%
Amid such uncertainty, the IMF recommended a gradual normalisation of monetary policy, noting inflation is stabilising and expected to reach the Bank of Korea’s 2 per cent…
Economic Affairs
Malaysia’s record FDI solidifies position as key economic player in ASEAN: Forbes
Within this dynamic regional landscape, the article said Malaysia exemplifies ASEAN’s economic appeal, attracting a record US$74 billion in approved FDIs in 2023 - the highest…
Chinese e-commerce giants make their way into Brazil
To attract local consumers in Brazil, Temu is offering an array of favorable policies including shopping discounts and coupons, as well as free home delivery.
Matcha shortage in Japan hits some Singapore businesses, enthusiasts
Photos circulating on social media show snaking queues and signs outside tea shops in Tokyo warning customers of out-of-stock products or purchase limits.
Funds raised by Southeast Asian IPOs now at a 9-year low, but outlook positive: Deloitte
The 2024 listings raised a total of US$3 billion (S$4.01 billion), a notable decline from the US$5.8 billion raised in 2023, according to a report by professional services firm…
US$2.2m boost to improve Malaysian palm oil’s image in Europe, says Deputy Minister
While Budget 2025 has allocated RM15mil to improve palm oil perception, Datuk Chan Foong Hin said that RM5.625mil will be used for consumer information campaigns in Europe, while…
China hits record 150 billion parcel deliveries in 2024
In 2014, China handled about 14 billion parcels annually. This year's record represents a tenfold increase in a decade, driven largely by the country's booming e-commerce market,…
Bhutan’s Bitcoin asset value crosses USD 1B, ranks fifth among countries holding BTC
Unlike other countries where BTC are more common from reported law enforcement asset seizures, Bhutan mines Bitcoin with abundant hydroelectric resources.
Why Korean bank shares got bump from Trump’s 2nd term
The market believes Trump’s win could lead to looser merger policies and antitrust scrutiny, and possibly delay the full application of Basel III Endgame, a set of international…
Will Trump 2.0 be bad – or not so bad – for China?
Mr. Trump has said he will impose tariffs of up to 60 percent on Chinese imports and at least 10 percent on goods from the rest of the world. He may also introduce other…