Advertisement
Advertisement
This Week in Asia /

Economics

Related Topics:
Money Matters
Banking & finance
Stocks
A worker organises liquid petroleum gas (LPG) cylinders at a distribution center in Banda Aceh, Indonesia, in March. Photo: EPA
Indonesia

Indonesia’s fuel price jump sparks concern about shift to subsidised LPG

Analysts warn the price increases could encourage better-off consumers to switch to products meant for lower-income households.

Singapore

Strait talking: Singapore, Malaysia, Indonesia unite to secure safe shipping

videocam
The Philippines

Can a US-governed ‘Pax Silica’ hub turn Philippines into a chip powerhouse?

6
Malaysia

Delays, rising costs hit Asia’s trade as Gulf crisis spills beyond oil

Port congestion has resulted in longer vessel queues and mounting scheduling pressure, forcing Malaysian operators to tighten access.

Westports Holdings Berhad in Port Klang, Malaysia, says it has begun rejecting ad hoc vessel calls unless carriers can confirm prompt cargo pickup. Photo: AFP
Westports Holdings Berhad in Port Klang, Malaysia, says it has begun rejecting ad hoc vessel calls unless carriers can confirm prompt cargo pickup. Photo: AFP
Japan

Rover and out? Japan pivots after US puts Lunar Gateway on ice

Japan’s space agency has invested at least US$78.5 million to build components for Nasa’s now-halted project.

US, Israel war on Iran

Why Iran war is making petrol cars an unwanted luxury in Asia

From Nepal to Vietnam, soaring fuel costs are making petrol cars a luxury as Asia outpaces Europe in the race to go electric.

Advertisement
Advertisement
Advertisement
Singapore

Can Singapore firms close their cyber defence gap to counter AI threats?

As AI supercharges cyber threats, a new study reveals seven in 10 Singaporean boardrooms treat cybersecurity as an IT silo.

Cyber experts warn that many companies in Singapore rely mainly on IT teams for digital security, instead of the responsibility being shared across senior executives. Photo: Shutterstock
Cyber experts warn that many companies in Singapore rely mainly on IT teams for digital security, instead of the responsibility being shared across senior executives. Photo: Shutterstock
Japan

Japan ditches decades of arm export curbs as US reliability wavers

From drones for Ukraine to warships for Australia, ‘peace-loving’ Japan is fast pivoting towards arming the world.

US, Israel war on Iran

Shock therapy: war forces oil-addicted Asia to finally go green

Burned by soaring energy prices, Southeast Asian nations are racing to future-proof themselves against the volatility of war.

videocam
US, Israel war on Iran

Asian airlines face ‘major headwind’ from jet fuel costs, forcing flight changes

Fuel has jumped from 25 per cent of total operating costs for airlines to nearly 45 per cent in a matter of weeks, analysts say.

Aircraft queue up on the tarmac before taking off at Mumbai airport. Photo: AFP
Malaysia

‘New normal’: Malaysia and Australia strike energy supply pledge amid Iran war

The deal creates a mutual spillover valve, allowing the partners to swap surplus energy once domestic demand is satisfied.

videocam
Australian Prime Minister Anthony Albanese and Malaysian Prime Minister Anwar Ibrahim meet at a press conference in Putrajaya on Thursday. Photo: AAP/dpa
Australian Prime Minister Anthony Albanese and Malaysian Prime Minister Anwar Ibrahim meet at a press conference in Putrajaya on Thursday. Photo: AAP/dpa
Malaysia

Petrol patrol: Malaysia sends police to guard border stations as fuel leaks rise

Malaysia is trying to prevent its heavily subsidised petrol and diesel from being siphoned across land and sea borders as the global energy crisis bites.

videocam
The Philippines

Desperate times, drastic measures? Filipinos call for fuel caps as crisis bites

The Philippines is one of the worst hit by the oil crisis, but its deregulation law prevents the government from capping fuel prices.

videocam
India

How India’s nuclear breakthrough could end reliance on energy imports

Success at the Kalpakkam prototype fast breeder reactor will allow India to generate energy using its abundant thorium reserves.

videocam
Fishermen pull their boats to the shore near the Kalpakkam atomic power station in Tamil Nadu. Photo: AP
Malaysia

Malaysians urged to tighten their belts as Iran war fallout starts to bite

Economy Minister Akmal Nasrullah Mohd Nasir warns the effects of the crisis can last until next year, with oil prices expected to remain high.

People walk to their workplace during the morning rush at Kuala Lumpur city centre, Malaysia. Photo: Reuters
People walk to their workplace during the morning rush at Kuala Lumpur city centre, Malaysia. Photo: Reuters
US, Israel war on Iran

Asia’s energy supply at breaking point as US blockades Hormuz

Nearly 90 per cent of the region’s crude oil is now at risk as stalled peace talks and a naval stand-off raise the spectre of stagflation.

16
US, Israel war on Iran

UN warns 8 million in Asia-Pacific risk poverty if Iran war drags on

A new UNDP report has forecast job losses, crippling inflation and food insecurity, with the poorest nations brutally exposed to the oil shock.

Advertisement
Advertisement
Advertisement
Nepal

Nepal’s trekking trade looks east as Iran war disrupts Western tourist flow

Flight disruptions through Gulf hubs have cut Western arrivals, prompting tourism operators to chase travellers from Asia-Pacific markets.

videocam
With conflict disrupting flights through the Middle East, Nepal’s tourism sector is counting on Asian trekkers to help soften the blow. Photo: Shutterstock
With conflict disrupting flights through the Middle East, Nepal’s tourism sector is counting on Asian trekkers to help soften the blow. Photo: Shutterstock
Malaysia

Power play: Malaysia races to go green as Iran war squeezes oil supply

To avoid future supply shocks, the government aims to raise renewable generation to 70 per cent of the energy mix by 2050.

Malaysia

Malaysian bust spotlights shadow fleet oil trade in Southeast Asia

Two tankers were intercepted in waters off Penang on Saturday during an alleged illegal transfer of more than 700,000 litres of diesel.

videocam
Malaysia

In Malaysia, some laud car driver’s arrest over ‘world’s most expensive petrol’

The driver of a Singapore-registered vehicle faces a US$252,600 fine, jail or both if he is found guilty of pumping subsidised RON95 petrol.

videocam
A man holds a nozzle at the petrol station in Negri Sembilan in March. Malaysia is taking tougher action against the possible abuse of a fuel subsidy meant for locals. Photo: EPA
Malaysia

Malaysia faces energy emergency amid Trump’s Hormuz blockade

With six tankers carrying up to 6 million barrels of oil potentially stranded, analysts say Malaysia is on a collision course with crisis.

videocam
The skyline of Kuala Lumpur seen on Friday. Malaysia has leaned heavily on domestic natural gas production and costly subsidies to mitigate the fallout from the Iran war. Photo: EPA
The skyline of Kuala Lumpur seen on Friday. Malaysia has leaned heavily on domestic natural gas production and costly subsidies to mitigate the fallout from the Iran war. Photo: EPA
The Philippines

Manila vs Hong Kong: the 2 sides of Asia’s housing affordability crisis

Asia is home to 60 per cent of the world’s slum dwellers and some of the planet’s most expensive real estate.

videocam
Singapore

Singapore’s robotaxi drive revs up with help from Chinese AV leaders

The city state is working with Chinese companies like WeRide and Pony.ai to test and deploy shuttle taxi services on public roads.

videocam
Nepal

Nepal’s school fee crackdown upends South Asian private education norms

Nepal wants private schools to charge less and be more transparent. It could backfire, industry insiders say.

School students watch news about Balendra Shah, Nepal’s new prime minister, on a mobile phone in Kathmandu last month. Photo: EPA
Help preserve 120 years of quality journalism.
SUPPORT NOW