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This Week in Asia /

Economics

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People cross a road in Manila, the Philippines, on September 8. Photo: EPA
People walk past a peanut vendor in Manila, the Philippines, on September 8. Photo: EPA
The Philippines

Upgraded but underperforming: Philippines’ growth lags behind

High living costs and delayed public works drag growth projections down far behind regional front runners.

videocam

Why AI giants are choosing Singapore to turn models into real-world tools

Saudi oil pipeline closure puts Asia’s economic resilience to the test

Experts say the loss will hit Asian refiners first before feeding through to inflation, currencies and economic growth across the region.

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Who will shoulder the debts behind Indonesia’s China-backed Whoosh railway?

Jakarta plans to transfer the US$56.5 million annual debt into state accounts as critics warn taxpayers will subsidise the losses.

The Jakarta-Bandung high-speed train, known as Whoosh, during a public trial in Bandung, West Java, in September 2023. Photo: AFP
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