Money

Business insights and innovation, from industry to entrepreneurs.

Money • STORY OF THE DAY • Jul 16, 2020 • 9 min read
In Partnership with 1

Analysis The untapped economic potential of Vietnam’s ethnic minority groups

By Christine Redmond • Jul 16, 2020
In the face of the global economic downturn, how might harnessing the untapped potential of ethnic minority youth not only build a more equitable and sustainable Vietnam, but also accelerate the country’s economic recovery?

Money • STORY OF THE DAY • Jul 14, 2020 • 3 min read

Economy Virus-hit Singapore plunges into recession as economy shrinks 41%

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

Money • STORY OF THE DAY • Jul 14, 2020 • 8 min read

Analysis Will Grab ride out the pandemic, or crash without a single dollar in profit?

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

Money • Jul 07, 2020 • 4 min read
Singapore economy

Singapore fights post Covid-19 crisis with eyes on Hong Kong status

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 Noel Caballero/EFE-EPA • Jul 07, 2020

Money • Jul 06, 2020 • 7 min read
Illicit money

Dirty cash: The struggle to eradicate money laundering from Cambodia

Last week Cambodia introduced new laws to tackle money laundering following an EU ruling placing the country at “high-risk” for illicit cash flows. But experts say it will take extensive efforts and real political will to end the entrenched practice in the Kingdom
By Alexi Demetriadi • Jul 06, 2020

Money • May 30, 2020 • 8 min read
Tourism

As marine tourism takes a dive in Bali, marine life thrives

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
By Minka Curr • May 30, 2020

Money • May 26, 2020 • 3 min read
Covid-19

Singapore warns of worst economic contraction since independence

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

Money • May 20, 2020 • 8 min read
Ethical consumerism

Upcycling: Growing sustainability and diversity in Cambodia’s garment sector

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

Money • May 18, 2020 • 2 min read
Covid-19

Thailand’s economy contracts for first time since 2014

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

Money • May 05, 2020 • 2 min read
Covid-19

Indonesia economy sees weakest growth in almost two decades

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