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Big Picture (Page 53)

Pandemic spawns small businesses that are here to stay

The story of “The Croissant Lady” is among the multitude of people whose businesses were able to take form during one of the most tumultuous times in history.

Stubborn inflation numbers continue to generate nervousness

Despite the market jitters, Singapore companies continued to post strong results and pay generous dividends.

Intensive probe launched into South Korea’s liquor prices amid inflation woes

With prices of beer products expected to go up following a tax hike in April, the local liquor industry is widely expected to raise the prices of soju as well.

Bank of Korea freezes rate, forecasts fading inflation

Bank of Korea governor Rhee Chang-yong stressed the decision was based on fading inflation, at a press conference held after a rate-setting meeting.

Biden nominates ex-Mastercard CEO Ajay Banga to lead World Bank

Last week, current World Bank President Malpass said he would step down nearly a year early, ending a tenure that was clouded by questions over his climate stance.

South Korean president Yoon sets export target of $685 billion this year

He vowed to support the expansion of exports in 12 sectors, including nuclear power, agriculture, fishery products, content and biotech.

Seoul to create 1 trillion won fund for content industry by 2024

The goal to achieve 137 trillion won in exports of content by 2027 will be achieved by supporting the overseas expansion of small and medium-sized content companies.