Economy

A collection of 20 posts

New nickel corridor connects Indonesia with France, CEE

New nickel corridor connects Indonesia with France, CEE

As Indonesia asserts control over its vast nickel reserves, a new supply route is forming between Southeast Asia (SEA) and Central and Eastern Europe (CEE). France and Hungary are emerging as key European partners in the electric vehicle (EV) supply chain, linking mineral extraction in Indonesia to battery production in

Macron inks defence, aviation deals on SEA tour

Macron inks defence, aviation deals on SEA tour

French President Emmanuel Macron called France “a power that respects its partners” during his 25-29 May tour of Vietnam, Indonesia and Singapore, when he promoted his country as a strategic partner for Southeast Asia (SEA) amid growing US-China rivalry. The trip focused on trade, defence and clean energy cooperation, as

UN report sees progress, areas of concern, in sustainable development goals report

UN report sees progress, areas of concern, in sustainable development goals report

Malaysia, Thailand, and Singapore have made significant advances in economic development and infrastructure, efforts on sustainability and equality targets remain uneven, the United Nations’ ESCAP 2025 SDG (sustainable development goals) Progress Report found. Thailand leads the trio in overall SDG achievement and ranks first in ASEAN, which is comprised of

Malaysian economy slowed to 5% in Q4

Malaysian economy slowed to 5% in Q4

Malaysia is taking a proactive approach to economic growth and trade, balancing its global partnerships while maintaining a non-aligned stance in an increasingly complex geopolitical landscape. As Malaysian Prime Minister Anwar Ibrahim’s government pursued new trade agreements, economic growth slowed to 5% in the fourth quarter of 2024, raising

Malaysia reaffirms Petronas’ contract commitments as trade strategy evolves

Malaysia reaffirms Petronas’ contract commitments as trade strategy evolves

Malaysian Prime Minister Anwar Ibrahim has assured that state-owned oil company Petronas will uphold all its contractual obligations with Sarawak’s Petroleum Sarawak Berhad (Petros) in Parliament on 17 February, addressing concerns over the companies’ ongoing negotiations. Petronas will "maintain all existing domestic and international contractual obligations", Anwar

Singapore world's third least corrupt country - Transparency International

Singapore world's third least corrupt country - Transparency International

A new report from Transparency International (TI) sees mixed results for Southeast Asia (SEA) with Singapore maintaining its position as the region’s least corrupt nation, while Malaysia and Thailand grapple with governance challenges. “Asia Pacific is home to a third of the world’s population, has the second largest

ESG on the rise in Malaysia, Singapore, Thailand

ESG on the rise in Malaysia, Singapore, Thailand

2 min read Economy, ESG, Kasikornbank, MAS

Environmental, Social, and Governance (ESG), until recently more prominent in Europe and the US, is gaining ground in Southeast Asia (SEA). In Malaysia, Singapore, and Thailand, ESG assets are expanding rapidly, driven by a shift in investor and consumer preferences, and also regulatory reforms. A boom in sustainable finance products

Malaysia, Thailand become BRICS partners

Malaysia, Thailand become BRICS partners

3 min read Economy, Malaysia, BRICS

Malaysia and Thailand became partner countries of the BRICS group on 1 January and will participate in BRICS mechanisms along with Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Uganda and Uzbekistan, Russian presidential aide Yury Ushakov announced. With the addition of these nine partner nations, BRICS now encompasses approximately half of the