Vietnam vows to create favourable conditions for Korean investors
The Vietnamese Government highly appreciated the business activities and contributions of Korean enterprises in Vietnam. There has been a strong shift from simple processing…
Economic Affairs
Philippine peso sinks to record-low 59 to a dollar
Some analysts have suggested that a rate-cutting pause by the central bank of Philippines is possible should the peso remain under pressure.
Not enough engagement with us on Gig Workers’ Economy Bill, says Malaysia’s industry players
The group warned that failure to engage with industry stakeholders could cause unintended consequences including inefficient implementation, higher entry barriers for gig workers,…
Brunei signs landmark agreement to export processed beef products to Singapore
The partnership highlights Brunei’s growing role in international food supply chains, with the processed beef exports slated to begin in the first quarter of 2025.
Indonesian government weighs ‘fairness’ of Apple’s $100m investment plan to lift iPhone sales ban
The investment would be in line with the government’s push to integrate local industries into global value chains and marks a massive increase over a $10 million investment…
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…
Gold price hiked again in Bangladesh
The price of gold in Bangladesh has been rising steadily for more than a year, influenced by hikes in the international market and volatility in domestic supply.
Mongolian President Khurelsukh vetoes entire 2025 state budget
Reasons cited for the budget veto include economic and market considerations; non-compliance with budgetary principles; overspending and deficit issues; and violation of legal…
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…
Adopt AI or perish: Philippine Daily Inquirer
The rapid progress in the development of artificial intelligence (AI) has captivated individuals, companies, and governments, who look at this nascent technology with mixed…