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digital economy

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Business / 28 weeks ago

Freelance income surges globally: Philippines and India lead 2025 boom in digital gig economy

Freelancing is no longer a fringe labor model; it’s now reshaping national income profiles. According to recent Payoneer data, the Philippines and India are leading the globe in freelance income growth, with year-over-year surges of 208% and 160% respectively. The report’s top ten list spans diverse economies—from Japan and Australia to Mexico and Pakistan—but the dominance of emerging markets is unmistakable. This shift reflects deep structural changes in how skilled labor is sourced, monetized, and distributed in the post-pandemic digital economy.

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World / 37 weeks ago

Southeast Asia’s Powerhouses: Indonesia, Singapore, Vietnam, others set for strong growth

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. This growth is fuelled by the country’s rich natural resources, including palm oil, coal, and nickel, making it a key global supplier. Indonesia’s rapidly expanding middle class drives domestic consumption, further strengthening the economy. With ongoing infrastructure development and digital transformation, the country is expected to maintain its upward trajectory in the coming years.

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