Southeast Asia economy

An inclusive and user-friendly system could deepen Southeast Asian integration and generate economic benefits for the region's 668 million people.

A new report claims that the region's digital economy could be worth more than $200 billion this year, outpacing previous projections.

Elsewhere in Southeast Asia, the picture was cautiously positive as the region's economies finally moved out of their pandemic-induced slumps.

Despite the aggressive monetary tightening by the U.S. Federal Reserve, many regional currencies are holding up surprisingly well.

A number of nations hope to carve out lucrative market niches as global sales of electric vehicles begin to take off.

Net energy importers may be forced into a quicker transition, but the same is not true of nations with a large amount of oil and gas at their disposal.

Despite some short-term pain, most of the region's economies should be in relatively sound position to ride out the Fed's monetary tightening.

A supply squeeze has led to a spate of state interventions to control the prices of basic goods, but the inflation crisis is unlikely to be prolonged.

Slowing Chinese growth, U.S. monetary tightening, and the impacts of the war in Ukraine have weighed on this year's growth prospects.

According to the International Labor Organization, pandemic-induced job losses will continue to drag down the region's economies until well into 2022.

The World Bank's projections suggest that the region will bear the scars of COVID-19 for many years to come.