Thailand has witnessed nearly 2,000 factory closures in the last year, upending its manufacturing sector that contributes nearly a quarter of its GDP.

China's economy grew much slower than expected in the second quarter, as a protracted property downturn and job insecurity squeezed domestic demand, keeping alive expectations Beijing will need to unleash even more stimulus.

The government is mulling over several measures to secure natural gas supply for industries and households, including potentially allowing imports, amid declining domestic production and a projected rise in demand.

Turkey plans to draw on its geographical position and an EU customs deal to entice Chinese investors keen to access European markets tariff-free, as it recently just did with carmaker BYD.

Indonesia has hardly exported any durian to China for decades, according to UN Comtrade data. Most of China’s durians instead come from Thailand, which contributes 94 percent of worldwide shipments, according to an FAO report.

India plans to overhaul more than 200 state-run firms to make them more profitable, signaling a departure from Prime Minister Narendra Modi's aggressive privatization program that has struggled to take off, government sources said.

Public Works and Housing Minister Basuki Hadimuljono said work on the future capital city had been disrupted by frequent downpours.

A senior minister has downplayed concerns over potential negative impacts from the newly planned JS-SEZ, Southeast Asia's first cross-border economic zone, saying that Indonesia was game for competition.

China is building almost twice as much wind and solar energy capacity as every other country combined, research published Thursday showed.

House of Representatives (DPR) Commission VI, which oversees trade and investment, on Monday gave the green light for the government to ratify the trade deal soon so it can take effect in January next year.

Indonesia’s fiscal deficit is projected to be much larger than planned as the state is set to spend more but collect less in tax than laid out in the budget for this year.

Preliminary data from Bank Indonesia (BI) points to an unimpressive increase in retail sales, while consumer confidence is dropping.

Indonesia will commit to reef restoration while local non-profit groups will use conservation fund money to support projects that directly benefit reef ecosystems as well as sustainable livelihoods for those that rely on them.

Prabowo made the statement before holding a private meeting with outgoing President Joko "Jokowi" Widodo at the Presidential Palace in Jakarta on Monday.

Amid limited fiscal space from Rp 3.74 quadrillion in government debt due to mature during his presidency, economists suggest the incoming government to cut the fat from both the administration and the state budget to prioritize productive spending.

A transformative shift toward electrifying the transportation sector in Indonesia has prompted the growth of the electric vehicle (EV) ecosystem, which provides promising business opportunities for both local and overseas investors.

Algeria and Italy on Saturday signed a 420-million-euro deal (US$455 million) for an agricultural project in the North African country, the Algerian agriculture ministry said in a statement.

The city state’s land crunch has led to the closure of many of its public golf courses, including the recent shuttering of the Marina Bay Golf Course, its last public 18-hole course, prompting enthusiasts to seek golf vacations overseas.

The agreement to launch direct flights between the two countries is in its final stages, according to a tourism ministry official, and is the latest move in Jakarta's efforts to expand bilateral ties with Tehran.

The Finance Ministry has responded by saying that it would review the request, including whether accommodating the extra spending was feasible without widening the projected deficit range of 2.29-2.82 percent of GDP.

The Customs and Excise Directorate General collaborated with the Directorate of Narcotics Crime’s (Dittipid) Criminal Investigation Department under the Indonesian National Police to uncover a clandestine narcotics laboratory in Malang, East Java, on Tuesday.

Indonesia, accounting for over 20 percent of total impact capital deployed in the ASEAN region, with investments totaling US$1.44 billion from 2020 to 2022, has emerged as a leading force in impact investment. Recognizing Indonesia's pivotal role in the Global South, Impact Investment Exchange (IIX), a pioneer in global impact investing based in Singapore since 2009, has intensified its focus on the country.

The country’s poverty rate has fallen to a historic low this year while inequality, as measured by the Gini coefficient, has hit its lowest point in more than a decade, but both figures remain below the government’s target.

To ensure the smooth implementation of the haj this year, the Customs and Excise Directorate General, as an agency tasked with checking baggage that passengers carry to and from abroad, has pledged to provide optimal service for haj pilgrims prior to departure or on arrival to Indonesia.

The plant is a joint venture between South Korean manufacturers Hyundai Motor Group and LG Energy Solution (LGES) and can produce up to 10 Gigawatt hours (GWh) of battery cells every year.

Prabowo's economic adviser has touted the president-elect's flagship free school lunch project for its budget planning, thereby implicitly criticizing President Jokowi's legacy development project to relocate the nation's capital to East Kalimantan.

Consumer price index (CPI) growth has dropped to 2.51 percent, which ideally would translate into lower interest rates, but experts see no room for Bank Indonesia (BI) to adjust rates given the continued pressure on the rupiah.

The Association of Indonesian Retailers (Aprindo) projects annual sales growth between 4.7 and 4.8 percent this quarter, which would be roughly the same as the estimated performance in the last quarter.

Indonesia's PMI dropped in June to its lowest level in 13 months at 50.7, according to a S&P Global report, amid a weakened rupiah resulting in higher raw material prices.

Indonesians are eating too much rice to the point that nationwide production keeps falling short of demand. Many have proposed a diversification of local dietary habits, but rice consumption is deeply rooted in Indonesian culture, and switching to alternatives alone would not address structural problems in domestic farming.