China hits back against latest US tariffs, but signals openness to talks
New duties of 10 per cent and 15 per cent will be imposed on US agricultural products from cotton to soya beans to chicken from March 10, China’s ministries of finance and…
Economic Affairs
Indonesia’s manufacturing activity hits 11-month high ahead of Ramadan
Strong domestic demand ahead of the fasting month drove Indonesia's manufacturing PMI to a new high last month, but analysts say declining export orders signal trouble ahead amid…
Top 10 foreign condo buyers in Thailand: Myanmar, Taiwan surge, China, Russia slow
The shift highlights changing investment patterns, as traditional dominant buyers like China and Russia give way to emerging players from Myanmar and Taiwan, signaling new…
South Korea’s fitness paradox: Gyms are closing, but boutique studios are thriving
When economic uncertainty looms, people often cut back on dining out, travel and entertainment. But one expense some South Koreans are unwilling to forgo is their boutique fitness…
Indonesia President Prabowo’s plan to include religious groups in sovereign wealth fund gets mixed reactions
Analysts warned it could be an attempt to dampen public criticism of the controversial fund.
Commerce ministry rejects allegations of North Korean trade in Cambodia
In a statement released on Feb 27, the ministry insisted that it strictly enforced UN Security Council resolutions and Cambodia’s relevant legal frameworks by delisting and…
US President Trump orders probe on lumber imports, could target Korean kitchen cabinets
According to the Korea International Trade Association, South Korea's furniture exports to the US were tallied at $30 million last year.
South Korea’s industry minister seeks ‘win-win’ deal in Washington amid Trump tariff threats
Seoul weighs US energy imports as leverage in trade talks.
Thailand’s plan to legalise casinos big threat to Philippine gaming sector
Among the steps being taken by the Philippine Gaming and Amusement Corp. are improvements in the regulatory environment in order to attract more investments.
Distrust in Indonesia’s new sovereign wealth fund sparks online calls to switch banks
Public opinion has split on Danantara, which aims to consolidate major state-owned enterprises (SOEs) including those in the banking sector, at a time when state budget cuts have…