Over the last two decades, the number of Chinese overseas travellers rose by over 25 times from 5.3 million in 1997 to 130 million in 2017,...
Within the space of just 15 years, China has gone from being the largest net lender to the world to now being a net borrower. The...
On 9 August 2019, the 27 STAR-listed companies achieved a total market cap of 660 billion RMB (approximately US$93 billion) and together raised over 37 billion...
In Southeast Asia, 60 per cent of the population does not have a bank account and the credit card penetration rates in Indonesia, the Philippines, Vietnam...
In early 2019, the BOT did not seem concerned about the Thai baht’s appreciation, as a strong currency can actually benefit Thai importers and those who...
This currency war reminds me of an old Chinese saying: ‘Even when right a scholar cannot win an argument with a soldier’
Opening economies up to international commerce, ideas and migration has lifted billions out of poverty and brought prosperity to much of the world. But that success...
Many Asian emerging market economies (EMEs) hold an enormous amount of US dollar-denominated reserve assets as a mean of self-insurance against potential financial instability. A large...
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