GDP

Indonesia Q3 growth expands slightly to 5.06 percent

Indonesia's economy grew more slowly than expected in the third quarter, dimming hopes that a high-profile drive to boost Southeast Asia's biggest economy will hit its GDP target this year.The economy expanded 5.06 percent in the July-September period from a year ago, a little below market expectations and off the government's target of 5.2 percent growth for 2017.President Joko Widodo came to power in 2014 on a pledge to boost annual growth to seven percent annually but his go

6 November 2017
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Jokowi wants to create 10 new Balis

As China’s burgeoning class of affluent travellers seek out more exotic destinations, Indonesia is cashing in.China is on track to become the biggest tourist market for Indonesia for the first time this year, overtaking Singapore. That’s after a 46 percent surge in visitors from the world’s second-largest economy to 1.4 million in the first eight months of the year.

20 October 2017
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Jokowi roots for private investment in Indonesia

Indonesia will turn to private investors for the hundreds of billions of dollars in investment needed to develop the archipelago’s infrastructure and natural resources, President Joko Widodo said, brushing off claims he was increasingly becoming an economic nationalist.All major projects will be offered to the private sector, Widodo, also known as Jokowi, told Bloomberg Television’s Haslinda Amin on Saturday in an interview on a hilltop overlooking the picturesque Lake Toba.

17 October 2017
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Indonesia on track to become a trillion-dollar economy

Indonesia is on track to become a trillion-dollar economy and should be the envy of Southeast Asia. Yet on some key measures, the region’s biggest economy is falling behind.The nation lags its neighbours on infrastructure development, faces a fiscal shortfall that’s heaping pressure on the state budget and still has 28 million people living in poverty.

16 October 2017
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Thailand's growth rebound has room to run

Thailand’s already “very accommodative” monetary policy is fuelling robust growth that’s spreading across the economy, said Bank of Thailand Governor Veerathai Santiprabhob.The outlook comes as an exports revival in Thailand gains momentum despite a recent rise in the nation’s currency, the baht. Better demand from key trading partners is helping to offset strength in the exchange rate, Veerathai said.

15 October 2017
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Singapore's growth accelerated by a pickup in exports

Singapore’s economy gained traction in the third quarter as a pickup in exports helped to drive up manufacturing.Highlights of GDP Report Gross domestic product rose at a seasonally adjusted and annualised rate of 6.3 percent in the third quarter from the previous three months, according to preliminary figures from the trade ministry on Friday.

13 October 2017
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South Korea’s looming crisis

Twenty years after the Asian financial crisis, South Korea seems to have learned its lesson, having taken great pains to strengthen its economic resilience. But now the country is confronting a new set of internal and external risks, which may foreshadow another major economic crisis – or worse.

9 October 2017
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A cultural journey through Southeast Asia

Naturally blessed with a rich and diverse cultural heritage, Southeast Asia attracts a huge amount of tourists to the region every year. Its cultural heritage is manifested through a wealth of ancient monuments, heritage sites, colourful festivals and exotic cuisines which have become major tourist attractions for travellers who are seeking for a unique cultural experience.

6 October 2017
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ASEAN, a travel and tourism hub

Southeast Asia is a highly sought-after holiday destination for tourists and travellers from all across the world. The region, which is home to more than 630 million people, is geographically situated in the heart of Asia. Due to its tropical climate, the region is typically warm and humid all year round with plentiful rainfall. Southeast Asian countries are also known for its unique and diverse cultures as well as natural wonders like sandy beaches, mountains and wildlife.

5 October 2017
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Working towards a better Southeast Asia

"There is no straight path from your seat today to where you are going. Don't try to draw that line. You will not just get it wrong, you'll miss big opportunities. And I mean big-like the Internet," Sheryl Sandberg, the Chief Operating Officer of Facebook, said during the annual Class Day ceremonies at Harvard College in the US."Careers are not ladders, those days are long gone, but jungle gyms.

1 October 2017
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Southeast Asia, where the hills are alive

Situated close to the equator, the Southeast Asian region is well known for its rich biodiversity and natural tourist attractions. Every year, thousands of holidaymakers from all around the world travel to this region searching for a vacation experience that could get them through another year at work. In recent years, tourist arrivals within the region have increased steadily.

24 September 2017
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Singaporeans enjoy highest citizenship quality among ASEAN countries

The highest quality of citizenship in ASEAN (Association of Southeast Asian Nations) is enjoyed by the citizenry of Singapore, according to the Quality of Nationality Index released by Henley & Partners.The index provides a holistic ranking of the quality of nationalities worldwide, measuring both the internal and external value of a nationality.

18 September 2017
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