GlobalFoundries opened a $4 billion chip manufacturing plant in Singapore to address supply shortages. The facility aims to produce 450,000 wafers annually by 2025-26, boosting Singapore's...
As annual tourist arrivals recover from the COVID-19 pandemic, countries like Mexico, Turkiye, Malaysia, Thailand, UAE, and India are set to benefit from the growth of...
Malaysia's Prime Minister, Anwar Ibrahim, has unveiled plans to allocate RM90 billion (approximately US$19.26 billion) annually from 2023 to 2025 to stimulate economic growth and attain...
Bank Negara Malaysia (BNM) maintained its overnight policy rate (OPR) at 3% for the third consecutive month. Analysts predict rate cuts in early 2024, aligning with...
Inland Revenue Authority of Singapore (IRAS) reported a 13.1% increase in tax revenue for FY 2022/23, reaching S$68.6 billion. This rise reflects Singapore's post-pandemic economic recovery....
In an analysis by labour rights activist Roy Ngerng, Bangladesh's contemplation of raising the garment sector's minimum wage is emphasized. Historically, wage increases in the country...
Bangladesh's garment sector is considering a raise in its minimum wage. Trade unions advocate for a wage increase to Tk23,000 (US$210), reflecting the basic living standard...
China's economic concerns persist as falling exports and a struggling post-Covid recovery raise fears. Key issues include sluggish demand, a crisis in the property sector, and...
The Indonesian rupiah's week was marked by political shifts as parties realigned, impacting the currency's performance and sparking political feuds.
OpenAI CEO Sam Altman becomes Indonesia's inaugural recipient of a "golden visa," showcasing the nation's commitment to attract foreign investors.
