Advertisement
Advertisement
This Week in Asia /

Economics

Related Topics:
Money Matters
Banking & finance
Stocks
Australian Prime Minister Anthony Albanese and Malaysian Prime Minister Anwar Ibrahim meet at a press conference in Putrajaya on Thursday. Photo: AAP/dpa
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
Malaysia

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

videocam
The Philippines

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

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
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.

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
Advertisement
Advertisement
Advertisement
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.

A farmer sprinkles fertiliser on crops in a field on the outskirts of Amritsar, India, on April 9. Experts have warned that the fertiliser crunch across Asia-Pacific may have lasting effects. Photo: AFP
A farmer sprinkles fertiliser on crops in a field on the outskirts of Amritsar, India, on April 9. Experts have warned that the fertiliser crunch across Asia-Pacific may have lasting effects. Photo: AFP
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
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
The Penang Malaysian Maritime Enforcement Agency intercepted an alleged illegal transfer of more than 700,000 litres of diesel in waters off Bagan Ajam on Saturday. Photo: Facebook / Agensi Penguatkuasaan Maritim Malaysia
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
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 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
A passenger’s view from inside an autonomous vehicle in Punggol, Singapore. Photo: Jean Iau
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
School students watch news about Balendra Shah, Nepal’s new prime minister, on a mobile phone in Kathmandu last month. Photo: EPA
US, Israel war on Iran

How the Gulf conflict recast risks for Asian investors in Dubai

Asian firms that use Dubai as a launch pad into the Middle East are weighing new threats to liquidity, logistics and confidence.

videocam
Japan

Japan’s Middle East oil habit gets an Iran war reality check

Almost all of Japan’s oil comes from the Middle East. A closed strait turned that dependence into a trap.

videocam
4
Advertisement
Advertisement
Advertisement
Singapore

Singapore, Australia vow uninterrupted fuel supply amid global energy shock

Both countries are also working towards a legally binding agreement on economic resilience and essential supplies.

Australia’s Prime Minister Anthony Albanese (left) with his Singaporean counterpart Lawrence Wong during their meeting at the Istana presidential palace in Singapore on Friday. Photo: LianHe Zaobao / Chia Ti Yan / AFP
Australia’s Prime Minister Anthony Albanese (left) with his Singaporean counterpart Lawrence Wong during their meeting at the Istana presidential palace in Singapore on Friday. Photo: LianHe Zaobao / Chia Ti Yan / AFP
US, Israel war on Iran

Iran’s Hormuz toll threat lays bare Asia’s energy vulnerability

Analysts warn that charging ships to pass through Hormuz could set a dangerous precedent for other strategic waterways and hit Asia hardest.

videocam
Malaysia

Malaysian group under fire for saying working from home will hurt city profits

The Federation of Malaysian Business Associations warns of losses of more than US$120 million but critics say the group is ‘missing the point’.

Japan

Japan seeks to take back control of the world’s shipbuilding sector. Here’s how

Analysts warn higher costs, labour shortages and lost capacity will affect Japan’s bid for control in a sector now dominated by China.

videocam
6
A shipyard in Japan’s Mie prefecture. Concern over Tokyo’s declining role in the global shipbuilding sector has persisted for more than a decade. Photo: Shutterstock
Asean

US to remain key ally of Asean despite Iran war fallout: diplomat

Ambassador Daniel Kritenbrink says the US still has ‘extraordinary’ influence in the region, given its trade and security ties with Asean.

6
Southeast Asian ministers pose for a group photo during the Asean Economic Ministers’ Retreat in Manila, the Philippines, on March 13. Photo: EPA
Southeast Asian ministers pose for a group photo during the Asean Economic Ministers’ Retreat in Manila, the Philippines, on March 13. Photo: EPA
Malaysia

Singapore’s refusal to negotiate over Hormuz creates waves in Malaysia

Singapore said it would not be appealing to Iran for access to the strait as transit through crucial trade waterways was a right.

videocam
32
The Philippines

Can Philippines become critical minerals powerhouse with help from US, Japan?

To curb China’s dominance in the sector, Manila has to cut red tape and fight corruption to draw US and Japanese investors.

videocam
4
India

India’s space ambition set to soar after Artemis II moon mission’s success

The Indian space sector could work with international partners on future Chandrayaan and other lunar missions, analysts say.

videocam
The Moon and Earth seen from the Orion spacecraft on Monday. Photo: Nasa/Xinhua
Help preserve 120 years of quality journalism.
SUPPORT NOW