A drone view shows houses damaged following flashfloods in Rua village, Ternate, North Maluku province, Indonesia on Aug. 25. (Antara Foto/Andri Saputra/via Reuters)
Natural disasters

Floods in Indonesia's North Maluku kill 13, two injured

Disaster management agency warns heavy rain may continue in next few days

25 August 2024
An aerial view shows trees and houses in the aftermath of floods, in Phrae Province, Thailand, Aug. 24. (Thailand's Department of Royal Rainmaking and Agricultural Aviation/Handout via Reuters)
Natural disasters

Mudslide in Thailand's Phuket kills 9 migrant workers from Myanmar

Disaster near tourist destination Big Buddha also kills 2 Russians and 2 Thais

25 August 2024
Indonesian and American soldiers will take part in Super Garuda Shield joint training exercises in Java and Sumatra this week. 
Your Week in Asia

Indonesia-U.S. maneuvers, BHP earnings, Indian economy data

Your weekly lineup of Asia's biggest business and political events

25 August 2024
Frequent disasters encourage Southeast Asians to prepare. A man drives a motorbike in a flooded street after heavy rains in Hanoi, Vietnam, in September 2023.
Natural disasters

Philippines, Vietnam, Thailand and Cambodia top global disaster-readiness poll

Alerts, household planning build resilience as volatility rises, Gallup says

25 August 2024
The Philippine central bank has approved four new licenses for digital bank operators as more Filipinos go cashless.
Finance

Philippines eases digital bank cap as industry fights for profits

Central bank offers 4 new licenses, but experts see credit risk 'challenge'

25 August 2024
According to a Reuters poll, 24 out of 27 economists expected the central bank to stand pat, while the rest saw a 25 basis point rate cut.
Economy

Thai central bank stands pat to assess impact of political instability

Bank of Thailand balances growth and risk by keeping policy rate at 2.5%

21 August 2024
Myanmar consumers are struggling to access daily necessities like rice and palm oil. (Photo by Nikkei)
Myanmar Crisis

Myanmar's growing price controls deepen economic woes

Response to inflation and weakening kyat backfires as private sector pulls back

20 August 2024
Paetongtarn Shinawatra has risen to Thailand's prime ministerial post on the strength of her father Thaksin's influence, but with that influence weakening, tough challenges lie in store for the 37-year-old as she takes up her first role in government. (Photo by Shinya Sawai) 
Asia Insight

Thailand's latest Shinawatra PM walks the same economic, political tightrope

Paetongtarn takes office with growth the key issue as father Thaksin calls party shots

20 August 2024
Malaysian Prime Minister Anwar Ibrahim, left, and Indian Prime Minister Narendra Modi. (Source photos by Reuters)
International relations

Malaysia's Anwar focuses on BRICS and trade in first India trip

Strong semiconductor partnership possible between the two countries, analysts say

19 August 2024
Containers await shipment at a port on the Chao Phraya River in Bangkok. 
Economy

Thai GDP grows 2.3% in April-June quarter

Just-released figure beats analysts' expectations of 2.1% expansion

19 August 2024
Prime Minister Lawrence Wong speaks at Singapore's National Day Rally on Aug. 18. (Ng Siew Chwee/Ministry of Digital Development and Information)
Politics

Singapore PM Wong calls for 'major reset' with R&D push, regulatory review

U.S. stance toward China 'hardening' no matter who wins presidential election

19 August 2024
Vietnam's new leader To Lam, a former police officer, was appointed Communist Party general secretary in August. 
Your Week in Asia

Japan-India 2+2, Thai GDP, Vietnam leader in China

Your weekly lineup of Asia's biggest business and political events

18 August 2024
Indonesian President Joko "Jokowi" Widodo attends the country's official Independence Day ceremony on Aug. 17 in Nusantara, the future capital. (Photo by Dimas Ardian)
Politics

Indonesia holds first Independence Day event in new capital

1,400 guests attend scaled-back event in Nusantara

17 August 2024
Outgoing Indonesian President Joko 'Jokowi' Widodo speaking to parliament on Friday, a day before the nation's Independence Day celebrations.
Economy

Indonesia forecasts smaller budget deficit of 2.53% of GDP in 2025

Contraction despite 9% rise in expenditure to fund Prabowo's policies

17 August 2024
Malaysian shoppers, like this woman at a wet market in Kuala Lumpur, consumed at a robust pace to help Malaysia's economy expand in the second quarter of 2024.
Economy

Malaysia GDP growth accelerates to 5.9% in Q2

Robust consumption leads to strongest expansion in six quarters

16 August 2024
Riccardo Puliti, the International Finance Corp.'s regional vice president for Asia and the Pacific, speaks to Nikkei Asia in Tokyo on Aug. 9. (Photo by Suzu Takahashi)
Climate Change

IFC's Asia-Pacific financing rose 15% to record in fiscal 2024

Development institution sees promising prospects for blue bonds in the region

16 August 2024
The central bank's monetary board has two more meetings scheduled for this year.
Economy

Philippine central bank cuts rates for first time in four years

Bangko Sentral ng Pilipina chief hints at more easing ahead despite inflation

15 August 2024
Workers construct a pedestrian walkway near the State Palace and the eagle-shaped Garuda Palace in Indonesia's new capital Nusantara on Borneo.
Business trends

Indonesia's new capital Nusantara attracts increased investor interest

Prabowo asserts support for project amid private sector doubts

14 August 2024
Amid surging labor demand in an AI boom, Vietnam aims to train at least 50,000 chip engineers and designers by 2030 as industry giants look to offset severe staff shortages in their home markets. (Illustration by Yoshiko Kawano)
The Big Story

Vietnam turns chip sector magnet with affordable, quality talent pool

US, Taiwan, South Korean players beat path to Vietnam though boom strains resources

14 August 2024
President and CEO of the Philippine Stock Exchange Ramon Monzon said in an exclusive interview with Nikkei Asia that cuts in the key benchmark rate is vital to generate excitement among investors and lure new IPOs to the market. (Nikkei montage / Source photos by Yuki Fujita)
Equities

Philippine exchange chief backs rate cuts to spur IPOs

Central bank halfway to new listing target set for 2024

13 August 2024
Singapore's economy grew 2.9% in the April-June quarter from a year earlier. (Photo by Ken Kobayashi)
Economy

Singapore upgrades full-year GDP growth forecast to 2-3%

Trade ministry says manufacturing sector will recover gradually in second half

13 August 2024
The dollar is coming down from a prolonged period of strength, boosting Asian currencies. (Photo by Akira Kodaka)
Currencies

Ringgit, baht gain against dollar on speculation of U.S. rate cut

Asian central banks seen weighing own moves as inflationary pressures ease

13 August 2024
Thai authorities are purchasing blackchin tilapia at above market prices in an effort to control the population. (Thailand Ministry of Agriculture and Cooperatives)
Fisheries

Thailand grapples with invasive tilapia from Africa as CP deflects blame

Conglomerate brought in nonnative fish for research, pledges cooperation

13 August 2024
Though the majority of Asian countries did not join in the West's sanctions against Russian oil, they are expected to abide by them.
Opinion

'Dark fleet' of oil tankers risk more maritime disasters in Asia

The West needs to bring Russian oil shipping out of the shadows

12 August 2024