Economy
Prabowo's cabinet picks: Five economic powerhouses set to drive Indonesia's growth
                                                                                 
                    
                    They aim to boost investor confidence with proven leaders in finance and key sectors.
                
                                
            Prabowo's cabinet picks: Five economic powerhouses set to drive Indonesia's growth
                                                                                                                 
                            
                            They aim to boost investor confidence with proven leaders in finance and key sectors.
                        
                                                
                        
    
                    Thailand’s wage hike plan raises concerns for SMEs' future
                                                                                                 
                        
                        The plan is to increase the minimum wage to 400 THB.
                    
                                        
                    
                China raises debt ceilings with measures to address hidden debt
                                                                                                 
                        
                        China's MOF has said that it would "raise debt ceilings" to help swap out hidden debt.
                    
                                        
                    
                Japan posts highest number of bankruptcies in a decade
                                                                                                 
                        
                        Rising costs were the most cited reason.
                    
                                        
                    
                Philippine startups tied up in red tape struggle to take off
                                                                                                 
                        
                        Tech ventures must obtain dozens of permits and wait weeks for approval.
                    
                                        
                    
                Geopolitical tensions push APAC firms to rebalance portfolios
                                                                                                 
                        
                        It is needed to navigate a complex business environment.
                    
                                        
                    
                More factories relocate from China to Malaysia amidst trade tensions
                                                                                                 
                        
                        But integrating with the local supply chains remains a challenge.
                    
                                        
                    
                Tech sector still leads venture capital funding surge in India
                                                                                                 
                        
                        India secured 483 VC deals.
                    
                                        
                    
                S’pore bags ‘resilience champion’ status, boosts global business
                                                                                                 
                        
                        It ranked 3rd, thanks to its location coupled with a stable and efficient gov’t.
                    
                                        
                    
                Startups advised to avoid negative blitzscaling
                                                                                                 
                        
                        Solid foundations are essential for sustainable growth in tech startups.
                    
                                        
                    
                Indonesia's money supply falls 6.9% YoY in April
                                                                                                 
                        
                        Thanks to disbursed loans and net claims.
                    
                                        
                    
                International trade growth fuels arbitration preference
                                                                                                 
                        
                        Arbitration’s fast speed and cost-effectiveness make it a preferred choice for resolving disputes.
                    
                                        
                    
                More VCs, talent development to support Cambodia's startup ecosystem
                                                                                                 
                        
                        Key areas for improvement include higher funding.
                    
                                        
                    
                AI-driven risks propelled APAC cybersecurity spending
                                                                                                 
                        
                        Organisations adopt advanced defences against AI-driven threats.
                    
                                        
                    
                Container shipping faces hurdles in decarbonization effort
                                                                                                 
                        
                        High costs and regulatory uncertainties challenge the shift to eco-friendly fuels in the maritime industry.
                    
                                        
                    
                Biggest millionaire migration recorded in 2024
                                                                                                 
                        
                        Asian countries shine in the Investment Migration Program Index.
                    
                                        
                    
                Internal environment trumps openness policies in global connectivity
                                                                                                 
                        
                        Singapore, the world’s most globally connected nation, leads in international flows linked to domestic activities, as per DHL report.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                 
                