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By Martin Abbugao/Agence France-Presse • Jul 14, 2020
Singapore plunged into recession in the second quarter as growth fell 41.2% quarter-on-quarter with the trade-dependent economy hammered by the coronavirus, preliminary data showed on July 14
By Onat Kibaroğlu • Jul 14, 2020
As the local brand that kicked Uber out the region in 2018, Grab has assumed the role of flagbearer for technology champions in Singapore. But in the pandemic era, its core business model bringing drivers and passengers together is in jeopardy
By Noel Caballero/EFE-EPA • Jul 07, 2020
With Singapore heading to the polls this week and facing the prospect of its first recession in two decades, leaders in the city-state are looking to capitalise on instability in Hong Kong to become the new financial capital of Asia
By Minka Curr • May 30, 2020
With the complete shutdown of the global travel industry in recent months, few places have felt the effect of that harder than the tourist-reliant island of Bali. But as its marine-focused economy suffers badly with no end in sight, its marine life is thriving
With Singapore's key export sector hamstrung by the ongoing global economic downturn, it's predicted that the city-state's economy could shrink by as much as 7% this year – its worst performance for over five decades
By Agence France-Presse • May 26, 2020
Upcycling is a seemingly win-win initiative bringing old adversaries the environment and profitability together. While in its nascent stages in Cambodia, does a circular economy offer potential for the badly hit garment sector to diversify and increase sustainability?
By Tom Starkey • May 20, 2020
Thailand's economy looks set to be among the hardest hit by the global economic downturn in Southeast Asia after its first contraction in six years. 2020 economic forecasts are also predicting the kingdom's sharpest drop since the 1997-98 Asian Financial Crisis
By Agence France-Presse • May 18, 2020
Indonesia's economy grew in the first quarter at its slowest pace for almost two decades, and economists warned on May 5 the ongoing coronavirus pandemic would likely deal an even greater economic blow in the next three months
By Agence France-Presse • May 05, 2020
With the halt of global tourism, and the mass cancellation of orders from the West, the global pandemic has hit the Cambodian economy especially hard. While the government has instituted support measures for workers, Cambodian labour rights organisation CENTRAL marks Labour Day 2020 with the message that it's not nearly enough
By Patrick Lee • May 01, 2020
On Labour Day 2020, NagaWorld union President Chhim Sithar says employees are financially struggling while waiting for Phnom Penh's sole gambling operator to reopen. But even during the Covid-19 shutdown, Sithar says the global fight for labour rights will go on
By Andrew Haffner • May 01, 2020
Cambodia and Thailand are set to be two of the region's hardest hit economies according to the IMF, as nations across Southeast Asia are forecast to be ravaged by the global economic slowdown caused by the Covid-19 pandemic
By Andrew Haffner • Apr 16, 2020
As Singapore goes into full lockdown, the city-states once-bustling food and beverage establishments are having to find innovative ways to stay afloat. Will the pandemic change the way the sector operates for good?
By Amanda Oon • Apr 13, 2020