Asean factories face closures, layoffs amid cost shocks driven by war, tariffs
EVEN with a recent ceasefire in the Middle East, the surge in raw material, energy, and shipping costs — compounded by US tariff measures — continues to squeeze manufacturers, driving factories across Southeast Asia to close and shed jobs
Singapore core inflation at 1.4% year-on-year in May, lower than expected
SINGAPORE: Singapore's key consumer price gauge rose 1.4% in May from a year earlier, official data showed on Tuesday, below economists' expectations.
Japan's factory activity expands at faster pace in June as new orders surge
TOKYO: Japan's manufacturing sector sustained robust growth in June, with new orders surging to their fastest pace in more than four years, though cost pressures continued to intensify due to the repercussions from the Iran war, a survey showed on Tuesday.
Gulf conflict strains global remittances
DOHA: Steve Geoffrey, one of roughly 30 million foreign nationals in the Middle East, considers himself lucky to still be able to support his family in Kenya.
South Africa struggles with migrant exodus
DURBAN: When a vehicle carrying donated diapers pulls into a muddy open field outside a mosque in Durban, Cassim Ibrahim quickly steps forward and asks the driver not to unload them.
Inflation likely to remain stable amid global risks
PETALING JAYA: Malaysia's inflation is expected to remain broadly contained through the rest of 2026 despite lingering geopolitical uncertainties.
Export growth forecast to moderate in 2H26
PETALING JAYA: Despite Malaysia's strong external trade performance in recent months, the second half of 2026 (2H26) may experience moderation in export growth as frontloaded demand gradually fades, economists say.
Stakeholders call for overhaul in Indonesian medical device sector
JAKARTA: Local medical device businesses have called for improvements to healthcare procurement governance.
Rolling blackouts in Java reignite concerns over electric grid
JAKARTA: Indonesia continues to grapple with power outages as rolling blackouts over the weekend have disrupted household and commercial activities in parts of West Java, East Java, Yogyakarta and other areas connected to the Java-Madura-Bali grid.
