Explainer: What to Know About the Bulacan Economic Zone Bill
Senate Bill 2572 was approved on the third and final reading, establishing the creation of Bulacan Special Economic Zone and Freeport. Here's what to know about it.
Economy
Hong Kong Reports Consumer Credit Spending Increase in Q3 2023
The company points to the revival in retail spending as the reason for the increase, especially during the summer sale season from July to August.
Macau's Inflation Rate Reaches Highest Peak Since May 2020
DSEC attributes the increase to the high consumer prices during the Lunar New Year.
Economic Impact, Strategies: Expert Explains Taylor Swift Effect in S'pore
On the heels of Taylor Swift's “Eras Tour” in Singapore, The Beat Asia spoke with hospitality expert Dr. Guy Llewellyn to learn more about the "Swift Effect."
Hong Kong’s 2024 Budget to go Towards Green Maritime Hub
Hong Kong’s newest initiative aims to enhance Hong Kong’s position by offering eco-friendly alternatives to establish a greener economy.
Thailand GDP Growth Eases to 1.9% in 2023, Misses Forecasts
Thailand’s economy only expanded 1.9% last year, missing both industry experts and government forecasts and slowing from the 2.2% expansion seen in 2022.
Hong Kong’s Budding Silver Economy Addressed in Recent Panel
The Commerce & Economic Development Bureau is working to address the needs of its growing elderly population with the ‘Silver Economy’ market.
Explainer: Retrenchments in Singapore – Why Are They Happening Now?
This article explains the underlying reasons behind the surge in retrenchments in Singapore and explores the implications of AI for the economy and workforce.