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Tag: Southeast Asia

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In Southeast Asia, agriculture, forestry, and fishing remain foundational to national economies, contributing 8% to 16.6% of GDP in 2024, depending on the country, even as their shares have declined in recent years.
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U.S. President Donald Trump has finalised a sweeping new round of tariffs on key Asian trade partners, targeting exports to the United States.
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Mobile phones have evolved far beyond their original function in today's rapidly digitising world. These devices now serve as their primary connection to financial services for millions, especially across parts of Africa and Southeast Asia.
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In 2024, the International Maritime Bureau (IMB) reported 116 piracy-related incidents worldwide, a figure that remains largely consistent with recent years. However, the nature of these attacks is shifting—with a troubling rise in hostage-taking and the use of weapons, posing new challenges for seafarers and the maritime industry at large.
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Indonesia is set to lead the Southeast Asian region with a projected economy of $1.5 trillion, positioning itself as a major economic powerhouse, according to IMF.
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In 2024, the manufacturing sector in Southeast Asia will continue to be a significant driver of economic growth, with varying wage levels across countries.

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