Pakistan approves 3.5% GDP growth target for FY24 budget
The government is set to present the annual budget at a time when the South Asian country faces its worst economic crisis, with months of delay in securing funding from the…
Big Picture
South Korea’s export dependency on China wanes
According to a report by the Korea International Trade Association, Korea's reliance on exports to China has steadily declined from 26.8 percent in 2018 to 22.8 percent last year.
Thai stock market ranks third in world for highest fund outflows
The outflow shows that foreign investors still lack confidence in Thai stocks amid the government transition period following the May 14 election, said brokerage firm Asia Plus…
How Hong Kong plans to test its digital dollar in $229 billion mortgage market
The test comes amid fierce competition among banks to attract mortgage customers in the world's least affordable housing market.
Elon Musk, other US CEOs flock to China with eye on major market
Beijing’s unusually generous welcome, such as offering ministerial-level meetings, is believed to be intended not only to attract investment but also to counter Washington.
IATA says global air travel to increase amid challenges in 2023
According to IATA Director-General Willie Walsh, the removal of Covid-19 restrictions is one of the developments boosting the industry.
China to further relax market access for foreign investors
Zhou Qiang, director of the department of market system development of the Ministry of Commerce, said China will appropriately shorten the negative list for foreign investment to…
Hong Kong’s asset management sector seeks to boost connectivity, tech
One of the much-awaited measures is the upcoming launch of the renminbi-Hong Kong dollar dual counter model for stock trading on June 19.
Investment projects promise almost 80,000 new job opportunities for Cambodia
These projects span a wide range of industries, including garments, footwear, travel goods, solar panels and electronics, tourism, cattle rearing, cardboard and packaging…
Supply-chain talent shortage in Singapore as big data, sustainability come into play
The need is greater now as firms navigate the constant disruptions to global trade that have stemmed from the pandemic.