The Philippines’ economic growth beat expectations last year, fueled by strong consumer spending despite rising consumer prices, officials said Thursday.

The Tourism and Creative Economy Ministry and Indonesian travel firms are pushing for new routes from Beijing, Shanghai and Guangzhou after China's lifting of COVID-19 curbs opens the doors for more tourists from the country.

Investment Minister Bahlil Lahadalia said on Tuesday that the ministry would “never” offer preferential treatment to any foreign firm if no law or regulation compelled it to do so.  

The upstream oil and gas regulatory body has expanded the country's exploration and targets for this year to banking on higher firms' revenue driven by last year’s price surge for crude.

Bank Rakyat Indonesia (BRI) expects lower credit growth in the banking industry this year and a drop in net interest margins amid a possible global recession.

Asian markets fluctuated Wednesday as traders in several countries returned from the Lunar New Year break to a soft lead out of Wall Street with recession fears still causing concern.

Indonesia has exceeded its target for realized investment in four consecutive years as the mining sector in conjunction with the development of downstream industries attracted vastly greater funding last year.

The tourism industry is one of the industries hit hard by the COVID-19 pandemic since 2020. After three years, the tourism industry is showing a gradual recovery. Room occupancy rates in several areas have also shown good signs of recovery with several regions recording a pre-pandemic level.

Tokyo led gains across most Asian markets again Tuesday, in another day thinned by the Lunar New Year break, with sentiment boosted once more by a surge on Wall Street.

Corporate consulting company PT Integrity Indonesia is dedicated to ensuring security for its clients by preventing, detecting and mitigating fraud. Integrity Indonesia recently received the ISO 27001:2013 from certification company Intertek Indonesia, an achievement that stands as a testament to its commitment in maintaining and protecting client data.

The dollar was on the back foot on Tuesday, hovering near a nine-month low to the euro and giving back recent gains against the yen, as traders continued to gauge the risks of a US recession and the path for Federal Reserve policy.

US auto giant Ford is planning to axe 3,200 jobs in Germany, a union said Monday, adding it was extremely concerned about the future of the company's sites in Europe's top economy.

A plan to ban the export of copper concentrate starting June has sparked concern among businesses over the readiness of domestic industries to absorb the product.

Indonesia and the World Economic Forum (WEF) have signed a partnership to scale up the nation’s ocean ecosystem restoration and conservation efforts, in a bid to tap rapidly increasing demand for blue carbon credits and projects.

A plunge in growth last year is compelling food delivery platforms in Southeast Asia to scrutinize their costs for the sake of profitability.

Asian markets were mixed in holiday-thinned trade Monday, while the dollar dropped as investors lowered their expectations for US interest rate hikes.

The dollar was staring at a fourth straight session of losses against the euro on Monday as more hawkish comments on European interest rates contrasted with market pricing for a less aggressive Federal Reserve.

Indonesia’s private sector has set out to make Southeast Asia the center of gravity in a world struggling for economic and political direction.

Just as the COVID-19 pandemic began to wane, an outbreak of foot-and-mouth disease hit dairy supply chains in Indonesia, but that has not stopped Nestlé Indonesia from expanding in the country.

Vox Media, owner of the Vox and The Verge websites as well as the landmark New York Magazine and its online platforms, announced Friday it was letting go seven percent of its staff.

The release of ChatGPT, NVIDIA Canvas and DALL-E suggests that artificial intelligence (AI) will one day disrupt even creative industries, yet workers in the segment believe some space will always be reserved for humans, no matter how sophisticated software becomes.        

Alphabet's shares rose almost 4 percent in pre-market trading.

Inflation-pinched British consumers cut their shopping by the most in the key month of December in at least 25 years, official data showed on Friday, dashing hopes for a Christmas boost for the country's flagging retail sector.

The Nusantara Capital City (IKN) Authority was caught off-guard by huge investment interest in the project as multiple sectors swarmed for inquiries.

Netflix lost customers in the first half of 2022. It returned to growth in the second half.

Asian markets mostly ticked higher Friday after a rocky week that saw recession fears return to the fore, offsetting growing hope that China's emergence from zero-COVID will help boost the struggling global economy.

The Competition Commission of India (CCI) ruled in October that Google, which is owned by Alphabet Inc, exploited its dominant position in Android and told it to remove restrictions imposed on device makers, including related to pre-installation of apps. It also fined Google $161 million.