Indonesia's Central Bank Governor Perry Warjiyo expects inflation to remain low for the rest of the year and in 2025.
Economy

Indonesia's central bank cuts rate to boost economic growth

Bank Indonesia trims policy rate by 0.25% in first lowering since 2021

18 September 2024
U.K. Trade Minister Douglas Alexander tells Nikkei Asia in Bangkok that the new Labour government sees Southeast Asia as a key 'growth engine' for its trade policy. He was speaking on Sept. 18 ahead of signing an enhanced trade partnership with his Thai counterpart. (Photo by Shinya Sawai)
18 September 2024
Commentators speculate that the replacement of Arsjad Rasjid, right, by Anindya Bakrie, left, as KADIN's head is linked to maneuvering by Indonesian President Joko Widodo (Source photos by AFP/Jiji and Reuters) 
Economy

Indonesian business community stunned by chamber of commerce takeover

KADIN leadership change resembles political party maneuvers

18 September 2024
Residents wade through flooding at a broken bridge in Myanmar's capital, Naypyitaw, on Sept. 17.
Natural disasters

Myanmar victims push Southeast Asian death toll from Typhoon Yagi past 500

Flooding affects an estimated 631,000 people across the country

17 September 2024
After the weekly cabinet meeting, Thai Finance Minister Pichai Chunhavajira finally provided initial disbursement details on Pheu Thai's long-delayed 10,000 baht handout scheme that has caused concern in financial circles, including at the Bank of Thailand. (Photo by Adryel Talamantes)
Economy

Thai cabinet approves first tranche of 10,000 baht handout

Flagship Pheu Thai scheme to prioritize poor and disabled this month

17 September 2024
Thai Prime Minister Paetongtarn Shinawatra delivers her government's policy proposal to parliament in Bangkok on Sept. 12. 
Economy

Thai PM Paetongtarn pleads for stability to stimulate economic revival

New leader guarantees medical marijuana, pitches casino complexes

17 September 2024
A collapsed bridge over Vietnam's Red River has become emblematic of the destruction wrought by Typhoon Yagi.
Natural disasters

Vietnam to rebuild key bridge in wake of devastating super typhoon

Damage from worst storm to hit nation in 70 years estimated at $1.6bn

17 September 2024
The government has struggled to make good on a populist money handout campaign promise by Pheu Thai, the main party in the governing coalition. 
Economy

Thailand expects less than 40m to get handouts, official says

Some 36 million have already registered for controversial economic stimulus

16 September 2024
A recent report published by the Economist Intelligence Unit says, "Singapore has solidified its position as an international financial center, benefiting from China's crackdown on the rival business hub of Hong Kong." (Source photos by Ken Kobayashi)
Finance

Singapore to 'mop up' finance business leaving Hong Kong: report

EIU says Japan and India also to benefit amid Chinese markets' challenges

16 September 2024
Local residents wade through water with their cattle in Naypyitaw on Sept. 14.
Natural disasters

Myanmar's flooding death toll rises to 113, government says

Five dams, four pagodas and 65,000-plus houses destroyed, state media report

16 September 2024
A man walks past an election banner of presidential candidate Namal Rajapaksa outside the Sri Lanka Podujana Peramuna (SLPP) party office near Colombo.
Your Week in Asia

Sri Lanka votes, Midea lists in Hong Kong, BOJ policy meeting

Your weekly lineup of Asia's biggest business and political events

15 September 2024
Sales of Yoma Strategic Holdings' StarCity condos have been robust. (Photo by Nikkei)
Myanmar Crisis

Yangon home prices surge as Myanmar war drives flight to safety

Yoma and other big companies benefit; real estate draws investors fearing currency drop

15 September 2024
The Thai baht gained 6% against the dollar between Aug. 1 and Sept. 12 thanks partly to a rise in exports.
Currencies

Thai, Malaysian and Indonesian currencies gain as dollar weakens

Southeast Asia enjoys growth; political fears sink Turkish lira, Mexican peso

14 September 2024
People wade through a flooded street in Hanoi on Sept. 12 during the aftermath of Typhoon Yagi.
Natural disasters

Vietnam death toll climbs to 199 in wake of Typhoon Yagi

Over 100 others still missing amid flash floods and landslides

12 September 2024
Hisham Hamdan is chief investment officer for Malaysian sovereign wealth fund Khazanah Nasional. (Khazanah Research Institute)
Economy

Malaysia's Khazanah fund expects 2024 returns to top last year's 5.7%

Chief investment officer credits strong domestic, U.S. and EU markets

11 September 2024
A collapsed bridge over Vietnam's Red River has become emblematic of the destruction wrought by Typhoon Yagi.
Natural disasters

Yagi 'destroyed us:' Vietnam recovers from typhoon, fallen bridge

Death toll hits 63 as officials hunt for survivors, repair flooded factories

10 September 2024
Taiwan's Passive System Alliance (PSA) has started production at its new printed circuit board factory in Malaysia's Penang. (Photo by Lauly Li)
Supply Chain

Taiwan's PSA opens Malaysian PCB plant to tap server, auto demand

Factory doubles the company's local capacity for printed circuit boards

10 September 2024
Markets in Laos offer an array of tempting treats, but locals are struggling with dwindling purchasing power. (Photo by Ken Kobayashi)
Inflation

Laos hit hard by inflation, currency woes and plunging spending power

Experts warn nation must cut debt to China and others to ease economic burden

9 September 2024
A gamer tests out a game at the Thailand Game Show 2022. The Thai government aims to promote the country as a regional hub for online games.
Media & Entertainment

Thailand aims to build soft power by nurturing gaming industry

New law to be enacted next year as government anticipates growth for the sector

9 September 2024
A man walks past a devastated area following the impact of Typhoon Yagi, in Hanoi, Vietnam, September 8, 2024.
Natural disasters

Typhoon Yagi weakens after killing dozens in Vietnam, China, Philippines

Storm downgraded to tropical depression but risks of flash floods, landslides remain

8 September 2024
Alibaba's office building in Beijing. The tech giant is joining Hong Kong's Stock Connect system that will let mainland investors trade its shares.
Your Week in Asia

Seoul military AI forum, Alibaba's mainland trading, Semicon India

Your weekly lineup of Asia's biggest business and political events

8 September 2024
Military personnel clear trees that fell due to the impact of Typhoon Yagi in Hanoi on Sept. 7
Natural disasters

Super Typhoon Yagi arrives in Vietnam, killing at least 4

Industrial hub Haiphong among hardest hit cities with widespread power outages

8 September 2024
People in Haiphong secure fishing boats as coastal Vietnamese areas brace for Typhoon Yagi. (Screenshot from Vietnam Television, VTV1)
Natural disasters

Supertyphoon Yagi forces Vietnam airport closures, including Hanoi

Supply chain and UNESCO tourism site hit, while Hong Kong stock market shut

6 September 2024
People walk past street food stalls in Jakarta. The proportion of Indonesians classified as middle class has fallen in the past few years as a result of the effects of the COVID-19 pandemic, according to the Central Statistics Agency. (Photo by Ken Kobyaashi)
Economy

Indonesia's economy suffers from 'long COVID' as middle class shrinks

Key growth driver has yet to recover from pandemic, statistics agency says

6 September 2024