Indonesian influencers Indra Kesuma and Doni Salmanan lived the kind of lives most people can only dream of.On his now-deleted Instagram, 25-year-old Kesuma, aka Indra Kenz, regularly posted pictures of himself posing next to luxury cars and sporting designer watches and clothes.

Asia stocks mostly fell Tuesday as markets brace for a sharp United States (US) interest rate hike and similar moves by other central banks as they struggle to control inflation, with traders increasingly worried about another possible recession.Surging prices, moves to tighten monetary policy, China's COVID lockdowns, the Ukraine war and a stronger dollar have come together in recent weeks to cause a massive headache for investors, sending them running to the hills.All eyes are on the c

As Shanghai’s strict lockdown grinds towards its second month, expatriate residents are heading for the exits, a trend that in the long term could threaten the city’s status as a global business hub.The government’s draconian restrictions have prompted rare rebukes from foreign business groups and resulted in the United States (US) ordering all non-emergency staff at its consulate to evacuate.

The Philippines on Monday eased restrictions to allow foreign ownership of airline, telecommunications and shipping operators, as it seeks to boost jobs and spur activity in the virus-hit economy.The archipelago nation has long struggled to attract foreign money, as red-tape, corruption and political uncertainty scared off investors who instead pumped billions of dollars into neighbouring nations.The amendments to the 85-year-old Public Service Act are the latest effort to woo foreign investm

Despite dips and disruptions from new variants of COVID-19, 2021 turned out to be a relatively positive year for economies and markets in most parts of the world.

Amid growing concerns about climate change and social unrest, institutional investors are increasingly applying environmental, social, and governance criteria in their portfolio decisions.

Investors pushed Asian markets higher Friday on continued optimism over vaccines and on signs of progress on a new United States (US) stimulus, though surging infections and deaths highlighted the painful, immediate reality of the coronavirus crisis.While the consensus is that the world can begin to get back to normal – and the economy recover –from next year as people are inoculated, observers warn lockdowns and other containment measures in place now are crippling businesses and jobs.The US

Earlier this week, Thai Prime Minister Prayut Chan-o-cha was quoted as saying that rallies were a “waste of time”. He was, of course, referring to Sunday’s Future Forward Party (FFP)-backed rally referred to as “Run Against Dictatorship” by some quarters and “Run to Oust Uncle” by others.“I am not an enemy of anyone.

The start-up ecosystem in Southeast Asia is improving and nurturing more homegrown start-ups. Based on data from a report by e27, Asia's largest tech media platform, titled ‘Southeast Asia’s start-up ecosystem report 2018’, at least 5,828 active start-ups are operating across six ASEAN countries (Singapore, Malaysia, Indonesia, Thailand, Vietnam and the Philippines).

Over the weekend, the second ASEAN Lifestyle Week 2019 (ALW2019) was held at the Kuala Lumpur Convention Centre in Malaysia to showcase the best that ASEAN small and medium enterprises (SMEs) have to offer in the lifestyle sector. Organised by Yayasan Budi Penyayang Malaysia (Penyayang), ALW2019 had exhibitors from across the region comprised of businesses from different sectors.