Containers await shipment at a port on the Chao Phraya River in Bangkok. 
Economy

Thai GDP grows 2.3% in April-June quarter

Just-released figure beats analysts' expectations of 2.1% expansion

19 August 2024
Prime Minister Lawrence Wong speaks at Singapore's National Day Rally on Aug. 18. (Ng Siew Chwee/Ministry of Digital Development and Information)
Politics

Singapore PM Wong calls for 'major reset' with R&D push, regulatory review

U.S. stance toward China 'hardening' no matter who wins presidential election

19 August 2024
Vietnam's new leader To Lam, a former police officer, was appointed Communist Party general secretary in August. 
Your Week in Asia

Japan-India 2+2, Thai GDP, Vietnam leader in China

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

18 August 2024
Indonesian President Joko "Jokowi" Widodo attends the country's official Independence Day ceremony on Aug. 17 in Nusantara, the future capital. (Photo by Dimas Ardian)
Politics

Indonesia holds first Independence Day event in new capital

1,400 guests attend scaled-back event in Nusantara

17 August 2024
Outgoing Indonesian President Joko 'Jokowi' Widodo speaking to parliament on Friday, a day before the nation's Independence Day celebrations.
Economy

Indonesia forecasts smaller budget deficit of 2.53% of GDP in 2025

Contraction despite 9% rise in expenditure to fund Prabowo's policies

17 August 2024
Malaysian shoppers, like this woman at a wet market in Kuala Lumpur, consumed at a robust pace to help Malaysia's economy expand in the second quarter of 2024.
Economy

Malaysia GDP growth accelerates to 5.9% in Q2

Robust consumption leads to strongest expansion in six quarters

16 August 2024
Riccardo Puliti, the International Finance Corp.'s regional vice president for Asia and the Pacific, speaks to Nikkei Asia in Tokyo on Aug. 9. (Photo by Suzu Takahashi)
Climate Change

IFC's Asia-Pacific financing rose 15% to record in fiscal 2024

Development institution sees promising prospects for blue bonds in the region

16 August 2024
The central bank's monetary board has two more meetings scheduled for this year.
Economy

Philippine central bank cuts rates for first time in four years

Bangko Sentral ng Pilipina chief hints at more easing ahead despite inflation

15 August 2024
Workers construct a pedestrian walkway near the State Palace and the eagle-shaped Garuda Palace in Indonesia's new capital Nusantara on Borneo.
Business trends

Indonesia's new capital Nusantara attracts increased investor interest

Prabowo asserts support for project amid private sector doubts

14 August 2024
Amid surging labor demand in an AI boom, Vietnam aims to train at least 50,000 chip engineers and designers by 2030 as industry giants look to offset severe staff shortages in their home markets. (Illustration by Yoshiko Kawano)
The Big Story

Vietnam turns chip sector magnet with affordable, quality talent pool

US, Taiwan, South Korean players beat path to Vietnam though boom strains resources

14 August 2024
President and CEO of the Philippine Stock Exchange Ramon Monzon said in an exclusive interview with Nikkei Asia that cuts in the key benchmark rate is vital to generate excitement among investors and lure new IPOs to the market. (Nikkei montage / Source photos by Yuki Fujita)
Equities

Philippine exchange chief backs rate cuts to spur IPOs

Central bank halfway to new listing target set for 2024

13 August 2024
Singapore's economy grew 2.9% in the April-June quarter from a year earlier. (Photo by Ken Kobayashi)
Economy

Singapore upgrades full-year GDP growth forecast to 2-3%

Trade ministry says manufacturing sector will recover gradually in second half

13 August 2024
The dollar is coming down from a prolonged period of strength, boosting Asian currencies. (Photo by Akira Kodaka)
Currencies

Ringgit, baht gain against dollar on speculation of U.S. rate cut

Asian central banks seen weighing own moves as inflationary pressures ease

13 August 2024
Thai authorities are purchasing blackchin tilapia at above market prices in an effort to control the population. (Thailand Ministry of Agriculture and Cooperatives)
Fisheries

Thailand grapples with invasive tilapia from Africa as CP deflects blame

Conglomerate brought in nonnative fish for research, pledges cooperation

13 August 2024
Though the majority of Asian countries did not join in the West's sanctions against Russian oil, they are expected to abide by them.
Opinion

'Dark fleet' of oil tankers risk more maritime disasters in Asia

The West needs to bring Russian oil shipping out of the shadows

12 August 2024
Taliban fighters outside the Interior Ministry in Kabul in August 2021, after the militant group retook power in Afghanistan.
Your Week in Asia

Taliban takeover anniversary, Japan GDP, Greater China earnings

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

11 August 2024
The future of ASEAN's cross-border growth depends on the ability of its more than 71 million micro-, small and medium-sized enterprises (MSMEs) to effectively leverage digital trade. 
Opinion

Fast, digitized ASEAN cross-border trade should not be a luxury

A borderless era of economic growth awaits Southeast Asia

11 August 2024
Myanmar traditional restaurant chain Khaing Khaing Kyaw first expanded business operations into the Thai market in November 2023 and has since opened a second branch in Bangkok in March this year. (Photo by Htet Phyoe)
Myanmar Crisis

Myanmar businesses flood Thailand to follow fleeing customer base

Growing number of restaurants, shops in Bangkok reflect population exodus from war-torn state

9 August 2024
A worker installs steel rods at a construction site in Paranaque, a city in Metro Manila.
Economy

Philippines' GDP accelerates to 6.3% despite 'anemic' consumption

Double-digit rise in government spending pushes Q2 growth to fastest in 5 quarters

8 August 2024
HP has built up a massive China-focused supply chain for PCs but is now looking to reduce its reliance on Asia's biggest economy.   
Supply Chain

HP plans its most aggressive shift of production away from China

Thailand emerges as major factory destination as PC maker hires engineers in Singapore

7 August 2024
Murad Ebrahim, chief minister of the Bangsamoro Autonomous Region in Muslim Mindanao, speaks to Nikkei Asia in Tokyo on Aug. 6. (Nikkei montage/Source photos by Reuters and Ken Kobayashi)
Economy

Philippines' new autonomous region aims to be halal industry hub

Top official says southwest Mindanao attracting investment from Malaysia, Mideast

7 August 2024
Vice President Kamala Harris' jump to the top of the Democratic Party's 2024 presidential election ticket caught many Washington diplomats off guard. While they weigh whether she will extend President Joe Biden's current Asia policies, they must also prepare for the prospect of a new, unpredictable term for former President Donald Trump.
The Big Story

Harris takes on Trump: Asia braces as U.S. heads toward poll

As diplomats weigh policy hints, VP picks Walz and Vance vie for working class votes

7 August 2024
John Lee, center, in Ho Chi Minh City. He is the first Hong Kong chief executive to visit Vietnam, Cambodia and Laos. (Photo by Lien Hoang)
Trade

Hong Kong has ASEAN backing to join RCEP trade pact: John Lee

City goes on charm offensive after COVID-19, security law dent reputation

6 August 2024
The Malaysian ringgit had dropped in February to its lowest level against the dollar in data going back to 1971.
Currencies

Malaysian ringgit hits 16-month high against dollar

Country's strong economy fuels rebound amid greenback sell-off

6 August 2024
Household consumption makes up half the Indonesian economy. (Photo by Ken Kobayashi)
Economy

Indonesia's economy grew 5.05% in Q2

Southeast Asian nation's GDP expands as holiday demand, foreign tourists spur growth

5 August 2024