Economy

South Korea and Indonesia central banks seek to reduce reliance on US dollar

An agreement was inked by the central banks of South Korea and Indonesia to encourage local currency exchanges between the…

May 2, 2023

Japan’s visa changes could benefit its economy and society

The revisions to Japan's visa policy may result in an inflow of skilled workers from the Philippines, Indonesia, and Vietnam.…

April 27, 2023

UN sounds alarm as Yemen faces famine

In the face of Yemen's increasing humanitarian catastrophe, the UN has issued an urgent plea for action to prevent starvation.…

April 20, 2023

China’s Billionaire Boom in Singapore: Unpacking the Allure and Challenges

Wealthy Chinese people have been flocking to Singapore in recent years, enticed by its business-friendly atmosphere, strategic position, excellent quality…

April 12, 2023

High-end Homes and Exotic Cars: Wealthy Chinese in Singapore’s Changing Investment Trends

Wealthy Chinese residents in Singapore have a taste for luxury real estate and automobiles, although investment activity seems to be…

April 11, 2023

Cryptocurrency Goes to Court: Highlights from Singapore’s Legal Hearings

Recent cryptocurrency hearings in Singapore have revealed some legal idiosyncrasies and novelties, highlighting the need for clearer regulations. In a…

April 10, 2023

BDO Unibank partners with Japan’s Hyakujushi Bank for cross-border financial services

BDO Unibank, the largest bank in the Philippines, has partnered with Hyakujushi Bank, a regional bank established in Japan, in…

April 3, 2023

Singapore’s Property Market Sees Accelerated Growth Driven by Strong Demand

According to a report by Bloomberg, the real estate market in Singapore is observing rapid growth as demand continues to…

April 3, 2023

Thailand and Malaysia See Economic Boost from Tourism

According to a research by the Japan Center for Economic Research (JCER), the economic prognosis for Thailand and Malaysia is…

April 3, 2023

Wealthy Shrug Off Luxury Taxes in Singapore

The increase in sales of BMW and Mercedes-Benz in Singapore, despite higher levies intended to restrict luxury expenditure, is indicative…

March 30, 2023

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