The Business Times

Economic growth

International

Taiwan raises 2026 growth outlook as AI boom helps exports

New Finance Secretary Frederick Go will need to steady one of Asia’s fastest-growing economies after widespread corruption allegations damped investment and consumer confidence.
ASEAN Business

Philippine finance chief vows economic rebound after corruption scandal

Acting Transport Minister and Senior Minister of State for Finance Jeffrey Siow (L) said releasing the ESR's mid-term report early will provide a chance to discuss proposals with stakeholders, and hopefully secure funding support. Seen beside him is SBF's vice-chairman Andrew Kwan.
Economy & Policy

Economic Strategy Review aims to give mid-term update, ‘get some funding’ for early ideas

The package will focus on measures to cushion the blow to households from rising living costs, investment in crisis management and growth areas, as well as steps to boost Japan’s defence capabilities, the draft of the outline showed.
International

Japan’s stimulus plan to urge BOJ focus on boosting growth, draft outline shows

When China does eventually attain rich-nation status, it may continue to hang on to its developing-country label for a while longer.
Global Enterprise

China wants to be a responsible power, just not a ‘developed’ one

An employee checks readings at a laboratory in a pharmaceutical manufacturing factory in Singapore. Additional US tariffs on pharmaceuticals and semiconductors would mostly affect South-east Asia, said ADB, with the former primarily hitting Singapore.
ASEAN Business

ADB slashes 2026 growth outlook for Thailand, Singapore by nearly half

Since China now dominates green energy production, Trump is perhaps hitting back by trying to crush that boom and force regions such as Europe to buy US fossil fuels instead.
Opinion & Features
PERSPECTIVE

Trump’s climate tirade will not stop the new ESG

Economists are holding on to their growth projections for Indonesia for now, noting that recent protests rocked the political boat but are unlikely to result in major shifts in government policy.
ASEAN Business

Political turmoil hurting Thai growth; Jakarta riots leave Indonesia investors on edge

Former Italian prime minister and economist Mario Draghi recommended last year that the EU increase annual investment by more than 800 billion euros. His report has now become the intellectual foundation for an ambitious strategy to revitalise growth in Europe.
Opinion & Features

Europe’s flawed investment strategy

DPM Gan Kim Yong led a six-member Singapore delegation at the third edition of the India-Singapore Ministerial Roundtable (ISMR). The ISMR aims to boost collaboration between the two nations in emerging fields.
International

India, Singapore ministers discuss deeper tie-ups in digitalisation, skills, industrial parks

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