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World / 40 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.
World / 42 weeks ago
How cities have transformed over time – And what’s next for urban growth
Cities have always been in flux, shaped by trade, industry, and geopolitics. From ancient commercial hubs to modern megacities, urban centres have expanded and adapted in response to economic and technological changes. But what forces have driven these shifts, and what can we expect in the future? Data revealed that the 19th and 20th centuries saw one of the most significant transformations in urban history. The rise of industrialisation fuelled large-scale migration to cities, as people sought jobs in factories and emerging industries. Urban populations surged, and cities like Manchester, New York, and Shanghai expanded rapidly, becoming economic powerhouses. Colonial influence also played a key role, as trade networks and administrative centres grew, shifting global economic power toward industrialized nations.
