Indonesia: A Growing Economy with Global Ambitions
JAKARTA – Indonesia emerges as one of the world’s 20 largest economies, with a GDP of about USD 1.396 trillion in 2024 and a GDP-per-capita of approximately USD 4,958. Its population of 283.5 million people in 2024 underscores the scale … Continue reading Indonesia: A Growing Economy with Global Ambitions
US Tariffs: Beijing Signals Willingness for Talks
WASHINGTON/BEIJING – U.S. President Donald Trump has announced a sweeping 10 percent tariff hike on all Chinese imports, alongside a 25 percent increase on goods from Canada and Mexico. The move, signed into effect on February 2, is set to … Continue reading US Tariffs: Beijing Signals Willingness for Talks
Global Markets in Turmoil: Effects on Asian economy
TOKYO/WASHINGTON – The global financial landscape has been rocked by a series of unexpected events that have sent shockwaves through stock markets around the world. The United States, long considered a bastion of economic stability, is now grappling with the … Continue reading Global Markets in Turmoil: Effects on Asian economy
Malaysia and Singapore: Flourishing Partnership
SINGAPORE – In the dynamic landscape of Southeast Asia, two nations stand out for their robust economic synergy: Malaysia and Singapore. Since they split in 1965, both countries have embarked on divergent paths to economic development. Singapore, with its strategic … Continue reading Malaysia and Singapore: Flourishing Partnership
Philippines: Sugar ‘crisis’ tests Marcos’ presidency
MANILA – Ferdinand Marcos Jr. is facing his first major test since becoming Philippine president — a major sugar shortage, which is threatening to sour his endeavors to revitalize the agriculture sector. This sugar shortage comes as rising commodity prices … Continue reading Philippines: Sugar ‘crisis’ tests Marcos’ presidency