Weak Indonesian rupiah to weigh on consumer, pharmaceutical firms this year
Analysts warn the currency could remain under pressure throughout 2025 and suggest investors turn to “defensive” stocks.
Economic Affairs
Vietnam named among the 20 fastest-growing economies
The World Bank recently forecasted that Vietnam’s GDP growth in 2025 will slightly decelerate compared to 2024, standing at 6.8 per cent. However, the predictions from both…
Unions in Indonesia decry manufacturing layoffs
Factories across the archipelago have laid off almost as many workers in the first two months of this year as in all of 2024, a labor union says, but the government counters that…
China accelerates consumption-driven growth model
The model focuses on enhancing consumption capacity, releasing consumption willingness, optimising consumption environments, and unlocking consumption bottlenecks.
South Korea’s total debt hits record high, among world’s highest
The figure amounts to 2.5 times the country’s gross domestic product.
Wave of layoffs, deflation herald bleak Eid for thousands of Indonesians
Some 60,000 workers from 50 companies lost their jobs in January and February, according to the Indonesian Trade Union Confederation in a media statement on March 15.
Indonesia’s stock market plunges while others shine
Analysts suggest a downturn of the Indonesia Stock Exchange Composite index, which gained momentum with a sudden plunge on Tuesday prompting a brief suspension of trade, is driven…
New Sino-Cambodia ‘cold chain’ shipping route launched
The new route was announced on March 15. The following day, Wang Wenbin, Chinese ambassador to Cambodia, took to social media to laud the latest commercial link between the two…
Indonesia’s populist policies lead to weak investor confidence, drag stock market down: Analysts
They said there are doubts about whether the Prabowo administration can sustainably fund populist programmes that have placed a strain on already stretched finances and prompted…
North Korea’s bitcoin reserve thought to be 3rd largest in world: report
Through illicit hacking and theft, the country is now believed to have amassed 13,562 BTC, which is valued at $1.14 billion.