economy

The government is looking to reform business and visa approvals and raise a significant amount in tax revenue which economists are warning will be difficult to achieve.

China had robust import and export growth in May despite the ongoing conflict in the Middle East. Fitch has upgraded China's GDP forecast to 4.6% this year after "surprisingly good" Q1 data. In a volatile market, SpaceX is set to go public on June 12.

In its latest five-year plan, Saudi Arabia’s sovereign wealth fund is recalibrating its global investment strategy, pulling back from expensive prestige bets, even as it expands deeper into Asia and doubles down on long-term economic transformation.

After February's election, Bangladesh’s economy is being shaken by the rise in prices of oil and gas, a potential fall in remittances, increased shipping costs and Trump's latest tariffs, as the war in the Middle East continues.

Weak exports, inflation and a lack of foreign investment continue to weigh on the Southeast Asian nation; remittances are one bright spot.

Exports grew 15% in Q1, however there is expected to be a slowdown moving forward as tariffs bite, the baht remains strong and tourism faces headwinds.

The Southeast Asian nation is emerging as a market bellwether, with improving fundamentals, however the uncertain 2025 global trade outlook is making some investors cautious.

China’s green tech is leading the way, but a structural challenge domestically is more crucial, an audience of investors heard in Hong Kong.

With the SAR failing to meet its GDP goal for 2023 amid a placid IPO and property market, FinanceAsia looks at the challenges and opportunities for the city.