Economic News

Why Philippine Unemployment Rate is Asia’s Highest

Why Philippine Unemployment Rate is Asia’s Highest

Last updated December 21st, 2018.   Recent years saw rapid development in the Philippines which is now among the world's fastest growing markets. Solid economic trends will continue in the long term. Yet a high Philippine unemployment rate still plagues this...

Why Weak GDP Growth in Singapore Will Continue

Why Weak GDP Growth in Singapore Will Continue

Last updated December 20th, 2019.   Singapore's GDP growth is far weaker than economists hoped for, with some analysts blaming the nation's sluggish manufacturing sector along with an intensifying US-China trade war. Businesses are still trying to counteract this...

Singapore vs. Hong Kong: Battle of Asia’s Financial Hubs

Singapore vs. Hong Kong: Battle of Asia’s Financial Hubs

Last updated September 20th, 2023.   With a population exceeding four billion and growing fast, events in Asia will increasingly shape the whole world. Not every country will benefit equally from Asia's rise though.  The region's top finance hubs will facilitate...

Thai Competitiveness Rank Drops: Can it Recover?

Thai Competitiveness Rank Drops: Can it Recover?

Update for September, 2018: Thailand ranks at the same spot (30th place) in this year's competitiveness index as in 2015 when this article was originally published. As such, Thailand's problems remain and this article is still very relevant.   International...

Philippine Economy Will Enjoy Huge Growth by 2030

Philippine Economy Will Enjoy Huge Growth by 2030

Last updated September 13th, 2018.   The Philippine economy will grow by a huge amount before 2030 and become one of Southeast Asia's largest. Meanwhile, a burgeoning middle class and strong industry are supporting optimism among both individual and corporate...

India vs. China: Which Will Grow Faster?

India vs. China: Which Will Grow Faster?

Last updated July 29th, 2023.   It's the battle of India vs. China! Which is better for investors? China and India are the two most populous nations on the planet, and are very similar in some ways. They're both emerging markets with high growth rates usually...

China’s New Silk Road Will Benefit These Countries Most

China’s New Silk Road Will Benefit These Countries Most

Last updated April 6th, 2022.   Beijing is gathering worldwide support for China's New Silk Road, setting aside over US$100 billion to build massive infrastructure projects that will connect Asia to Europe. Also referred to as the "Belt and Road Initiative" this...

Can AEC 2015 Manage its Problems?

Can AEC 2015 Manage its Problems?

Last updated May 14th, 2019.   The ASEAN Economic Community (AEC 2015) arrived recently. Yet the difficulties of creating a single market of over 600 million people makes investors concerned about the economic bloc and its future. Here's a quick overview if you...

Phone Makers Rush to Open Indonesia Factories

Phone Makers Rush to Open Indonesia Factories

Last updated June 15th, 2019. Indonesia is one of the world's largest phone makers. And they're quickly becoming one of the biggest consumers of phones too. eMarketer says the country will have over 100 million active monthly smartphone users before 2021, making...

Low Oil Prices: Huge Threat to Malaysia Economy

Low Oil Prices: Huge Threat to Malaysia Economy

Last updated November 16th, 2018.   Falling commodity prices remain a huge problem for the Malaysia economy, Southeast Asia’s third biggest. Some of the country’s major exports such as palm oil, tin, and crude oil are hovering near four-year lows. The Bloomberg...