Commodities

Commodities Drive Indonesia’s Economic Recovery

Indonesia's economy returned to growth last year as surging commodity prices helped drive a recovery from a coronavirus-triggered recession, data showed Monday, though officials warned the outlook depended on how well the fast-spreading Omicron variant is managed.Southeast Asia's biggest economy expanded 3.69 percent on-year, the country's statistics agency said, having contracted in 2020 for the first time since 1998 during the region's financial crisis.The healthy reboun

8 February 2022
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ASEAN faces more risks ahead of next downturn

Several structural shifts have left ASEAN more exposed to an economic downturn than during the last global financial crisis a decade ago.While ASEAN did not technically slide into recession during the last global financial crisis, structural traits that cushioned the region a decade ago – such as China’s strong growth and the global demand for commodities – now offer less of a buffer noted a report by global consultancy firm Bain & Co.

23 September 2019
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Malaysia: ASEAN’s e-commerce gateway to China

As we enter the Fourth Industrial Revolution and practically everything is moving online, the importance of e-commerce is heightened now more than ever before. E-commerce, in fact, is quickly becoming the primary mode of business and trade around the world - ASEAN included. When speaking of trade in and around ASEAN, there is little doubt that China and its Belt and Road Initiative (BRI) comes to mind.

2 May 2019
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