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End of post-1945 economic order bodes ill for growth

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INTERNATIONAL

The system of international institutions to promote cooperation and open trade was built on the political preferences of a group of the world's wealthiest states. Over time, the…

Climate finance will grow but huge challenges persist

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INTERNATIONAL

Climate investment globally topped USD1tn last year but remains well short of the estimated USD8tn requirement. Most funding goes to developed economies and mitigation projects…

Cambodia’s Hun Manet will prioritise economy

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CAMBODIA

The Cambodian People’s Party (CPP) -- led by former premier Hun Sen, Hun Manet’s father -- won 120 out of 125 seats in the National Assembly, the lower house, in last July’s…

Court ruling entrenches Uganda anti-homosexuality act

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UGANDA

The ruling leaves Uganda at odds with Western donors that have criticised the law and leaves Uganda’s LGBT community facing the prospect of potentially intensifying persecution.

Climate policies to alter global business environment

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INTERNATIONAL

Accelerating climate change threatens vast human and economic loss. In response, developed-country governments are legislating to force businesses to change while also seeking to…

Reshuffle highlights economic concerns in Thailand

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THAILAND

Pichai Chunhavajira, an experienced businessman who has held various important positions previously, was named as the new finance minister, taking over the role from the premier…

Internationalisation of China’s renminbi will be slow

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CHINA

Specifically, China would enhance infrastructural and institutional mechanisms for cross-border transfers, as well as boost the currency’s role in driving the real economy and…

Hungary will struggle to mend its fiscal woes

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HUNGARY

This is the lowest monthly widening since the start of 2023. Hungary aims to curb its 3.9% of GDP budget deficit in order to avoid being placed under the EU’s Excessive Deficit…

Reshuffle helps shore up Malaysian premier’s position

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MALAYSIA

The reconfiguration had been expected for months. Anwar is counting on it to help improve governing capacity and strengthen his relations with political allies. A key partner in…

Lebanon’s central bank vacuum heralds more devaluation

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LEBANON

A cabinet meeting yesterday to discuss a replacement failed to achieve quorum, as key political forces boycotted it. The first deputy governor, who succeeds by default, has…