South Korea logs highest monthly trade deficit amid sluggish chip demand
While outbound shipments fell 16.6 percent on-year to $46.27 billion in January - the largest drop in three years - imports slipped 2.6 percent on-year to $58.96 billion.
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IMF lifts 2023 global growth forecast to 2.9%
The IMF also said despite headline inflation has come down in many countries, a premature easing may leave markets vulnerable to sudden repricings if core inflation fails to come…
Singapore to buy electricity from Malaysia for first time from second half of 2023
This will make up about 1.5 per cent of Singapore’s peak electricity demand, enough to power about 144,000 four-room Housing Board flats for a year.
Cambodian salt, fish sauce, crayfish set for GI tag
Geographical indications are intellectual property tools that protect products originating or otherwise strongly linked to a specific geographical region.
Chiang Mai beats Singapore as safest city in Southeast Asia
According to the Numbeo website, Chiang Mai was followed by Davao in the Philippines and then Singapore.
Vietnam’s urbanisation ratio expected to reach 53.9 per cent in 2023
In 2022, the country's urbanisation ratio increased by 1.2 per cent to 41.7 per cent while the ministry recognised five areas as tier-4 urban areas.
Cross-Straits ferries see passenger growth during holiday
The ferry routes, which resumed to facilitate travel during the holiday, were important for residents in the outlying islands.
Global economy projected to grow 1.9% in 2023: UN report
Amid high inflation, aggressive monetary tightening and heightened uncertainties, the current downturn has slowed the pace of economic recovery.
No country can expect investment ‘red carpet’
The Investment Minister said the ministry would “never” offer preferential treatment to any foreign firm if no law or regulation compelled it to do so.
China’s ‘silver’ economy grows with ageing population
According to the Ministry of Civil Affairs, by the end of 2021, there were 267 million people aged 60 or above, accounting for 18.9 per cent of the total population.