Geopolitical fragmentation and protectionism also topped the list of worries for the coming decade for 86 percent of respondents.

Aside from easing local content rules, the government's EV investment scheme compels foreign makers to make good on their promise to build local factories, a senior official says.

Despite living in the world’s fastest-growing major economy, many Indians are grappling with an uncertain employment market where job opportunities, let alone job security, are hard to come by.

For ultra-wealthy entrepreneur Bassim Haidar, living in London has become an expensive indulgence he can no longer justify. While new British Prime Minister Keir Starmer settles into No. 10 Downing St, Haidar is searching for homes in Greece and Monaco, because a proposed inheritance tax revamp will make Britain a 'no go' zone for the rich, he says.

Hong Kong is adopting a targeted approach to attract representative and high-potential strategic enterprises from around the globe to set up or expand their businesses in Hong Kong. The Office for Attracting Strategic Enterprises (OASES) was established in 2022, providing bespoke offerings and tailor-made plans that cover aspects such as land and financing to attract strategic enterprises from four major industries, namely life and health technology; artificial intelligence and data science; financial technology; and advanced manufacturing and new-energy technology.

Joany, a small but agile K-9 jagdterrier currently on duty at the Batam Customs and Excise Office’s K-9 Unit, has performed well.

President Joko “Jokowi” Widodo has appointed two members of president-elect Prabowo Subianto’s inner circle as deputy ministers of finance and agriculture in a move experts say is aimed at ensuring a smooth transition to the incoming administration but may pose risks to the economy.

Indonesia's outgoing President Joko Widodo will appoint Thomas Djiwandono, the nephew of president-elect Prabowo Subianto and his adviser for fiscal issues, as a deputy finance minister later on Thursday, two sources said.

Mulyono, head of the Agriculture Ministry’s food crop processing group, said on Tuesday that it aimed to increase food production next year to accommodate increased consumption from the flagship program.

China still has plenty of appetite for official gold purchases despite pausing in May and June, as its bullion holdings remain low as a share of reserves and geopolitical tensions persist, according to a policy insider, industry experts and data.

The global economy is set for modest growth over the next two years amid cooling activity in the US, a bottoming-out in Europe and stronger consumption and exports for China, but risks to the path abound, the International Monetary Fund said on Tuesday.

Despite the increased shipments of petroleum products to meet rising domestic demand, Indonesia still posted a trade surplus in June, the 50th in a row.

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.