economy

Eurozone economic activity contracts at fastest pace in over two years in May

The PMI fell to 47.5 in May from 48.8 – its lowest since October 2023

From left: IMDA's Yvonne Lim, who moderated the panel; Acting Minister for Transport Jeffrey Siow; SMU's Professor Lily Kong; and Singtel's Ng Tian Chong.

As AI reshapes entry-level work, fresh grads must prepare for the ‘third-year job’: panel

They will need to place greater emphasis on internships, work-study programmes and adaptability 

For Indonesia to remain a stable anchor for the region, it must pivot from consumption-driven stimulus to urgent structural reforms, says the writer.

Indonesia’s 5.6% growth is a fiscal ‘sugar rush’, not a structural boom

How can an economy grow so fast while its currency hits record lows?

China’s path forward lies in a strategic transition towards supplying capital goods, industrial equipment and production inputs.
THE BROAD VIEW

China: From consumer goods exporter to the ‘industrial mother machine’

The country’s relationship with the world economy is undergoing a profound restructuring

The prospects of energy shortages and usage restrictions may mean reorientation away from economic growth is happening out of necessity.
THE BOTTOM LINE

Is this the moment we change the way we think about economic growth?

Degrowth, unlike stagflation or recession, is an intentional, planned political shift away from GDP expansion

Jeepney drivers protest against an oil price hike in the Philippines on Mar 9. The peso has dropped more than 5 per cent since the Iran war started in February.
NEWS ANALYSIS

Asia battles rising, uneven toll of energy crisis caused by Iran war

Fiscal strains are mounting across the region, particularly South Asia

Western ties with Russia should have made economic sanctions a powerful deterrent.

Does trade cause peace? Ask an economist

Researchers have been trawling history to measure the pacifying effects of moving goods around

While overall ageing unfolds gradually, menopause triggers a sharp health decline, and unlike many health conditions, it is certain and inevitable.

The hidden economic costs of menopause

Now that its effects are finally being measured, it is clear the long-term toll for society could be huge

IMF’s reports paint a picture of a global economy that was finally finding its footing, only to be knocked back again by the outbreak of war in the Middle East.

The world economy is in the shadow of war, and the warning signs are flashing

Global growth is now projected to slow to 3.1% in 2026 and 3.2% in 2027