Indonesian President Joko Widodo and delegates attend a sideline meeting during the ASEAN summit in Labuan Bajo, Indonesia, on May 11.
International relations

ASEAN urges cool heads on South China Sea as summit ends

Indonesia's Jokowi laments 'no significant progress' on Myanmar crisis

11 May 2023
Shoppers look at flowers at Dangwa Flower Market in Manila on February 13. (Photo by Josefiel Rivera/SOPA Images/LightRocket via Getty Images)
11 May 2023
Leaders of ASEAN countries pose for photos during the opening of the 42nd ASEAN Summit in Labuan Bajo, Indonesia on May 10.
Economy

ASEAN's patchy economic growth suggests long road to recovery

At regional summit, leaders discuss how to push bloc past COVID pains

10 May 2023
Polling stations will open at 8 a.m. and close at 5 p.m. on May 14. (Source photos by Kosaku Mimura and Ken Kobayashi)
Thai election

Thai vote Sunday offers chance for change: Five things to know

Divided pro-democracy camp aims to overcome leaders tied to military coup

10 May 2023
Major Thai parties' populist election promises could result in spending of more than 500 billion baht under the next government.
Thai election

Thailand election handout pledges risk debt pileup, experts say

Central bank governor warns spending could lead to great 'side effects'

9 May 2023
South Korea's Pohang University of Science and Technology wants to become a "metaversity" with digital classrooms.
Education

Metaverse education blossoms in South Korea, Japan, Taiwan

Teaching taps VR even as emerging tech's mass adoption remains in doubt

8 May 2023
HSBC's research unit last month in a report flagged "pockets of vulnerabilities" within lenders in the ASEAN.
Finance

ASEAN banks squeezed between credit risks and interest dynamics

Largely spared Western peers' woes, Southeast Asian lenders still face obstacles

5 May 2023
A technician stands on a crane at the Tanjung Priok port in Jakarta.
Economy

Indonesia's GDP up 5.03% in Q1, beating expectations

Export volume offsets lower commodity prices for Southeast Asia's largest economy

5 May 2023
Global business leaders and investors gathered at the annual Milken conference in Los Angeles from April 30 to May 3. 
Business trends

India, Indonesia CEOs woo global investors as 'China plus one' options

Emerging Asia's other big economies vie for attention at Milken Conference

5 May 2023
Asian Development Bank President Masatsugu Asakawa speaks on May 3 in Incheon, South Korea, at the bank's annual meeting.
Finance

Asian ministers warn on Western banking turmoil at ADB meeting

IMF Asia chief cites uncertainty over BOJ policy and risk of global spillovers

5 May 2023
Thai Prime Minister Prayuth Chan-ocha greets a supporter in Bangkok's Chinatown on April 20. (Photo by Ken Kobayashi)
Thai election

Prayuth's new party courts Thai voters with pledge of stability

Prime minister's economic czar takes stock of nine-year legacy

1 May 2023
The smog-shrouded India Gate in New Delhi in 2022. India and China are Asia's largest emitters of greenhouse gases.
Climate Change

Net-zero transition benefits outweigh costs fivefold in Asia: ADB

Fast action, global coordination will help ease change to renewable energy

27 April 2023
The Singaporean government on April 26 announced tax increases on the purchase of residential property as it tries to cool a market heated up by the easing of the COVID-19 pandemic.
Property

Singapore doubles tax for foreigners' home purchases

City-state raises duty to 60% from 30% to cool hot real estate market

27 April 2023
Vinfast cars at a port in Haiphong city, Vietnam, to be shipped to the U.S. A decline in exports has hurt the country's economy.
Economy

Vietnam readies another sales tax cut to prop up flagging economy

Value-added tax to decrease to 8% as weak exports bite

27 April 2023
A robotic assembly line for Proton cars in Tanjung Malim, Malaysia in 2019: The government needs to put more focus on targeting high value-added manufacturing.
Opinion

Malaysia needs to get smarter about foreign investment

Government should pursue high-end projects to boost upgrading of economy

26 April 2023
Apple is among U.S. investors in Vietnam, set to be the first country outside China to produce MacBooks, adding to the other Apple devices it already makes there. (Photo by Lien Hoang)
Technology

Vietnam's digital ambitions spur hopes among U.S. businesses

Country needs American tech to hit internet targets, lobby says

26 April 2023
An aerial view of containers and cargo vessels at China's Qingdao port in May last year.
Caixin

Vietnam, Taiwan boost share of shipments to U.S. as China loses out

India, Cambodia also grow as 'low-cost' exporters, eroding Chinese dominance

25 April 2023
Cambodian Prime Minister Hun Sen attends a European Union and Association of Southeast Asian Nations summit in Brussels on Dec. 14, 2022. 
Politics

Cambodia's 'lords' form union under Hun Sen ahead of polls

New association of tycoons to impart 'ethics' to scandal-hit elite

25 April 2023
President Joko Widodo attends a motor show in Jakarta on Feb. 16. Indonesia has large reserves of materials crucial for electric vehicles, like nickel.
Materials

Jokowi squeezes key EV material exports to spur Indonesian industry

U.S.-China tensions give Jakarta opening to pursue nationalist trade strategy

23 April 2023
Election posters in Bangkok on April 19: A total of 500 seats in the lower house are up for grabs. (Photo by Ken Kobayashi)
Thai election

Thai opposition maintains lead in election race, latest polls find

Prime Minister Prayuth's party lags behind Pheu Thai, Move Forward

21 April 2023
Malaysian Prime Minister Anwar Ibrahim reviews an honor guard during a welcome ceremony at the government house in Bangkok on Feb 9. 
Economy

Asian Monetary Fund idea revived amid U.S.-China row

Malaysia's Anwar cites need to make ASEAN less dependent on IMF, dollar

20 April 2023
Bank Indonesia headquarters in Jakarta.
Economy

Indonesia holds rates at 5.75% for third straight meeting

Central bank expects inflation to ease to 2-4% target range in September

18 April 2023
U.S. President Joe Biden tours a General Motors EV assembly plant in Detroit in 2021: Washington has embraced active industrial development with vigor.
Opinion

U.S. and EU embrace of industrial policy puts Asia at risk

Drives to revive domestic manufacturing will have economic and political effects

14 April 2023
Singapore's tourism sector has benefited from economic reopening but the manufacturing sector faces weaker demand from major trading partners.
Economy

Singapore pauses monetary tightening as Q1 growth slows to 0.1%

Central bank keeps policy unchanged for first time in 2 years

14 April 2023
Factories have seen orders canceled in Vietnam, the Asian country most exposed to global swings in trade after Singapore. 
Business Spotlight

Vietnam's manufacturers brace for worse after GDP whiplash

Factory downturn marks sharp reversal and bellwether for Asian supply-chain hub

14 April 2023