

US-Korea alliance strong despite hurdles, says AmCham chief
AmCham Korea CEO James Kim expressed confidence in South Korea-US economic ties despite near-term challenges, during a Global Business...
Apr 4, 2025


China, Japan, South Korea vow stronger trade ties
Trade ministers from China, Japan, and South Korea pledged to deepen economic ties and ensure the smooth flow of goods, a few days before...
Apr 2, 2025


Japan business sentiment dips as trade tensions rise
Positive business sentiment among Japan’s major manufacturers declined in the three months to March, reflecting mounting trade tensions,...
Apr 2, 2025


More employees, fewer executives at South Korea’s top 30 conglomerates
South Korea’s top 30 conglomerates reduced executive positions while increasing their workforce in 2024 amid an economic slowdown,...
Apr 2, 2025


Philippines is now VAT-free for tourists
Philippine officials signed the implementing rules and regulations (IRR) for Republic Act 12079, enabling value-added tax (VAT) refunds...
Mar 25, 2025


Thailand urged to give local firms same perks as foreign investors
The Thai Chamber of Commerce (TCC) has urged the government to grant local businesses the same tax incentives as foreign investors to...
Mar 20, 2025


Vietnam’s financial hub strategy should be adaptive, says UK expert
Vietnam does not need to choose between developing a specialised or comprehensive financial centre but can adopt a flexible approach,...
Mar 19, 2025


OECD slashes South Korea’s 2024 growth forecast to 1.5%
The OECD cut South Korea’s 2024 growth forecast to 1.5% from 2.1%, citing rising trade barriers and geopolitical risks, according to its...
Mar 18, 2025


World Bank raises Vietnam’s growth forecast to 6.8% for 2025
The World Bank has raised Vietnam’s real GDP growth forecast for 2025 to 6.8%, up 0.2 percentage points from its January estimate but...
Mar 17, 2025


Thailand gains from trade war as foreign investment rises
Thailand is seeing increased foreign investment amid global trade tensions, helping to drive economic growth toward its 3-3.5% target,...
Mar 17, 2025


Economists cut Singapore, Hong Kong growth outlook on trade risks
Economists have lowered growth forecasts for Singapore and Hong Kong in the second half of 2025, citing rising risks from higher US...
Mar 13, 2025


South Korea drops to 17th in global economic freedom ranking
South Korea fell three spots to 17th in the 2025 Heritage Foundation Index of Economic Freedom, despite its overall score rising to 74...
Mar 11, 2025


Financial conditions worsen for 31% of top South Korean firms
Nearly one-third of South Korea’s largest companies reported worsening financial conditions this year, according to a survey by Mono...
Mar 10, 2025


Japan’s corporate spending slips in Q4 amid economic uncertainty
Japanese corporate capital expenditure fell 0.2% year-on-year in the fourth quarter, marking the first decline in nearly four years, as...
Mar 6, 2025


Hong Kong’s financial sector poised for growth amid AI, China liberalisation
Hong Kong’s financial sector stands to benefit from artificial intelligence advancements, China’s financial liberalisation, and rising...
Mar 5, 2025


Singapore sees record corporate liquidations in 2024
Corporate liquidations in Singapore surged to a record high in 2024, with 307 firms shuttered, up from 201 the previous year, according...
Mar 4, 2025


IMF sees Malaysia’s economy expanding 4.7% in 2025
Malaysia’s economy is projected to grow 4.7% this year, supported by strong momentum, though external risks remain, the International...
Mar 4, 2025


China to inject USD56bn into three state banks to bolster economy
China plans to inject at least CNY400bn (USD56bn) into three of its largest banks in the coming months as part of efforts to stabilise...
Mar 3, 2025


Hong Kong’s 2025-26 budget to boosts startups: StartHub Asia
Hong Kong’s 2025-26 financial budget introduces new measures to support startups, drive innovation, and attract global investment,...
Feb 28, 2025


SE Asia CFOs more optimistic despite global uncertainty
Chief financial officers (CFOs) across Southeast Asia are showing increased optimism about economic prospects despite ongoing...
Feb 28, 2025

