South Korean conglomerates hesitant to hire
Some 67 percent of conglomerates with over 1,000 employees confirmed that they have recruitment plans this year, falling for the third year in a row from 72 percent and 73 percent…
Economic Affairs
Evolving financial services: Online lending and digital payments lead the way
While other tech-powered innovations in finance like wealth management, insurance technology, cryptocurrencies and personal finance management will experience growth, it will be…
Price negotiations delay start of Cambodia’s pepper exports to Arab markets
The delay persists despite the fact that domestic demand in Cambodia accounts for only about 5-10% of the annual pepper yield, according to the Cambodian Pepper and Spices…
Thailand reports strongest 2023 consumer gold demand growth in ASEAN market
Amid geopolitical and economic uncertainty, global gold demand and prices rise in 2023. The World Gold Council's report highlights Thailand as the leading performer in ASEAN…
World Bank says Delta variant slowing economic growth in East Asia & Pacific
Growth forecasts have been downgraded for most countries, says the Bank.
Indonesia posts record trade surplus, exports in August
The record-breaking trade surplus came as global commodity prices rallied and traders took advantage of eased restrictions.
World Bank’s worst-case scenario for Indonesia just got worse
The World Bank sees a greater downside risk in Indonesia following the emergence of more contagious COVID-19 variants.
Malaysia’s FDI slips to lowest since 2009 due to pandemic
oreign direct investment (FDI) into Malaysia recorded a net inflow of RM14.6 billion in 2020, down 54.8 per cent from RM32.4 billion in 2019, the lowest since 2009.
Quest for inclusive globalization
The G7 members should concentrate on working to ensure a more equal and fairer world rather than telling others what to do.