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Fridays: Business insights on Southeast Asia's fast-growing economies.

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ASEAN Business

Malaysia’s March CPI rises 1.7% on year, matching forecast

[KUALA LUMPUR] Malaysia‘s consumer price index (CPI) rose 1.7 per cent from a year earlier in March, government data showed on Friday. The...

A bustling pedestrian area at Bukit Bintang, featuring major shopping destinations including Pavilion Kuala Lumpur, Fahrenheit88, and The Starhill. Located in the heart of Kuala Lumpur's retail district, this area is a famous tourist spot known for its vibrant street scene, modern architecture, and large advertising screens. The area frequently features festive decorations and large-scale art installations in the pedestrian plaza.
ASEAN Business

Malaysia’s economy grew 5.3% in Q1: official advance estimate

Bank Negara Malaysia warn that supply disruptions and higher fuel prices caused by prolonged conflict in the Middle East would pose risks

Petronas Twin Towers in Kuala Lumpur, Malaysia, 11 June 2024. 
ASEAN Business

Three sovereign wealth funds anchor new China-Asean investment platform; US$520 million secured in first close

There are plans to expand the programme to US$1 billion as it targets opportunities emerging from deeper ties between China, S-E Asia

(From left to the right) Chief Investment Officer of INA Mr. Christopher Suprayogie Ganis; Senior Advisor of INA Mr. Ridha Wirakusumah; Supervisory Board of INA Mr. Haryanto Sahari; Coordinator for Economic Affairs at the Indonesian Embassy in Beijing Mr. Anindityo Adi Primasto; Executive Vice President and Deputy Chief Investment Officer of CIC Mr. Zhang Shaoqin; Acting CEO of INA Mr. Eddy Porwanto; Chairman and CEO of CIC Mr. Zhang Qingsong; CEO of SOFAZ Mr. Israfil Mammadov; Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to the People's Republic of China His Excellency Bunyad Huseynov; Chief Investment Officer of SOFAZ Mr. Farhad Zeynalov; Chairman of CGS Mr. Wang Sheng; Chairman of CGS International Mr. Wu Peng.
ASEAN Business

Indonesia risks missing EV boom as most nickel goes to stainless steel, research shows

The growing adoption of nickel-free battery technologies is an added risk

Nickel matte being transported by dump truck during processing activities at Vale Indonesia’s refining facility in Sorowako, South Sulawesi.
mafund01 - Maharlika Investment Corporation CEO and President Rafael Consing Jr speaks to potential investors for the Philippines' sovereign wealth fund on the sidelines of the World Economic Forum in Davos, Switzerland on January 17, 2024.

Credit: Photo: Courtesy of: Maharlika Investment Corporation President and CEO Rafael Consing Jr