Bank Indonesia vows aggressive intervention after rupiah hits another new low
Bank Indonesia held a meeting, responding to the plummeting rupiah by preparing several measures to stabilise the currency and maintain market confidence.
Economic Affairs
In Pakistan, relief attempts fall short — again
Pakistan’s reluctant billionaires remain unmoved by recent power tariff cuts, relative stability, and the International Monetary Fund’s endorsement. Without tackling terrorism…
US tariffs threaten Vietnam’s exports, economic growth
Given how high the initial 46-percent-tariff negotiating position is, it is hard to see a final figure of anything less than 25 percent, which would represent a material hit to…
Singapore stocks see biggest drop since 2008 global financial crisis as STI plunges 7.5%
Across the whole market, 612 stocks fell while 137 rose. Trading volume was very heavy, with $4.2 billion worth of shares changing hands, nearly three times February’s daily…
Indonesian palm oil producers eye African, Middle Eastern markets as US tariffs take effect
Indonesia exported $26.3 billion worth of goods to the US while importing only US$9.5 billion, with key exports including electrical equipment, clothing and footwear, CPO and…
Foreign investors show confidence in South Korea as FDI arrivals surge
The amount of investments received reached $3.51 billion in the first quarter, up 26.4 percent, making it the fourth-highest quarterly total ever.
Philippines seen to weather US tariff shocks
Analysts note that the Philippine economy is still driven by domestic consumption.
China’s domestic consumption can offset tariff risks, economists say
This year, China is doubling down on boosting domestic demand - both consumer spending and effective investment – to prop up its growth, with policymakers setting the country's…
Businesses in Indonesia see tepid economic boost during this year’s Idul Fitri
The government has dismissed a suggestion that less money circulated during Idul Fitri this year compared to previous years.
Vietnam imposes provisional anti-dumping duties on coated steel from China and South Korea
The highest provisional duty rate applied is 37.13 percent for products from China and 15.67 percent for those from South Korea.