Australia to boost defence spending by 40% with focus on Indo-Pacific
01 Jul 2020 13:29
Australia will increase its defence spending by 40% over the next 10 years to purchase long-range military assets with focus on the Indo-Pacific region.
COVID-19: Japan economy projected to suffer worst slump since World War II
08 Jun 2020 13:34
Japan’s economy is projected to suffer the worst slump since after World War II due to the coronavirus (COVID-19) pandemic although its GDP fell less than initially predicted in the first quarter (Q1) of 2020.
COVID-19: Property investment in Asia-Pacific falls 26% in Q1
12 May 2020 11:20
Commercial real estate investment in the Asia-Pacific region dropped by up to 26% year on year (yoy) in the first quarter (Q1) of 2020 with only US$34 billion in transaction volume due to the coronavirus (COVID-19) pandemic, Jones Lang LaSalle’s Global Capital Flows report finds.
Covid-19: World Bank predicts economic growth in Asia-Pacific to slow to 2.1% this year
01 Apr 2020 13:27
The World Bank is projecting that economic growth in the Asia-Pacific region will slow to 2.1% this year from 5.8% in 2019 due to the coronavirus (Covid-19) pandemic.
Dewi Fortuna Anwar: Indonesia plays strategic role in ensuring ASEAN unity
14 Jan 2020 15:48
Indonesia plays a strategic role in ensuring ASEAN unity with emphasis on its status as a global middle power, said Indonesian Institute of Sciences researcher Dr Dewi Fortuna Anwar.