Economy

To maintain a long-term economic growth and the establishment of quality employment in the face of global uncertainties such as increasing protectionism, disruption of technology and evolving trade patterns, Deputy Prime Minister Gan Kim Yong unveiled a series of seven strategic priorities in Singapore on January 29, 2026. These were done in response to the Economic Strategy Review (ESR) committees …

US trade volumes with Thailand, Indonesia, and Philippines achieved record highs in Q1 2026, defying President Trump’s reciprocal tariffs. Despite 19-23% duties, US imports surged 23% from Thailand, 11% from Indonesia, and 38% from Philippines (deficit $4.9B to $6.8B), driven by electronics, semiconductors, and machinery rerouting from China amid “Chinese Plus One” strategies. The value of the total ASEAN-US goods …

The year 2025 became one of the landmark years in the global journey of the United Arab Emirates. Well ahead of the local leadership, UAE was ranked among the highest international performers in the areas of economic power, space exploration, technological advancement, and human development. Being acknowledged in the media as a nation that values milestone achievements, the nation proved …

The pace of construction in Asia feels endless. Cities keep reaching upward while older lanes shrink behind glass towers. Some call it progress, others call it imbalance. Property growth mirrors income gaps that keep stretching wider each year. Comparing the top 5 richest cities in the Philippines with the poorest cities in the Philippines says enough. Rich zones expand, poorer …

The global currencies are also moving and changing against the Singapore Dollar (SGD), depending on the market trends and other economic region-wise trends. It is important that travelers, investors, and businesses depend on updated currency exchange information to project expenses, investments, and trade transactions. As the world is becoming increasingly inflationary and experiencing changes in monetary policies, exchange rates are …

Traders, companies, and travellers all keep a close eye on the Indonesian Rupiah (IDR) because it is an important part of Southeast Asia’s economy. Changes in currencies affect more than just foreign trade. They also affect inflation, the cost of goods and services, and travel. Let’s look more closely at how the Rupiah did today compared to the US Dollar …

The Central Bank of Nigeria (CBN) has released its official foreign exchange rates for Wednesday, August 27, 2025. The data reflects the Naira’s performance against several key global currencies, including the United States Dollar (USD), British Pound Sterling (GBP), Canadian Dollar (CAD), Euro (EUR), and others. The market continues to see fluctuations driven by macroeconomic pressures, oil revenue volatility, and …

At currency counters in Kuala Lumpur, people lean forward, squinting at boards. Numbers tick a little higher, a little lower. Some sigh. Some wait. Others just shrug and change anyway. The Malaysia currency exchange rate today has that effect, it touches everyone. Workers sending money back to India or Bangladesh check rates twice before handing over cash. Students in Europe …

Asia at the Epicenter of the Gold Shock The April 2025 tariff announcement by U.S. President Donald Trump sent immediate tremors across Asian markets, especially in countries heavily involved in gold trade and consumption. Unlike previous rounds of economic policy maneuvers that impacted the West more directly, this time, the brunt of the disruption was borne by Asia’s largest economies. …

As global economic growth remains modest in 2025, a handful of nations stand out for their exceptional momentum. Driven by post-conflict rebuilding, resource booms, tourism rebounds, and infrastructure investments, emerging economies are outpacing expectations.  This article highlights the 10 fastest-growing economies in 2025, comparing them with their previous-year performance and spotlighting the sectors propelling growth , from oil and gas …