Thailand targets a juicy THB200 billion worth of fruit exports next year
A Department of Agriculture spokesman said that Thailand expects China to import up to 2.39 million tonnes of fruit worth 159 billion baht in 2023.
Big Picture
Singapore ranked second globally for best talent, only Asian nation in top 20
Singapore has clinched second place every year since the index’s first edition in 2013, except in 2020, when it slipped one spot.
More policy support set for real economy
Experts said stepped-up monetary support to boost investment is expected to buffer the downside risks of real estate weakness, among others.
Philippines rushes to avert EU ban on seafarers
Around 50,000 Filipino seafarers are at risk of losing their jobs due to the country’s repeated failure to pass the European Maritime Safety Agency’s evaluation.
Boosting niche markets key to maintaining exports for Vietnam
The Ministry of Industry and Trade also advised exporters to invest and focus on a limited number of products with strong brand recognition.
Consumer spending in South Korea likely to weaken like it did after ferry sinking in ‘14
In the weeks following the ferry accident on April 16, 2014, traumatised Koreans spent significantly less, resulting in slowed economic growth.
Banking giants to inject 95 trillion won to ease liquidity strain
10 trillion won is set aside to manage liquidity at these South Korean groups’ affiliates, including brokerages, insurance, and card companies.
Corporate bank loans surge amid liquidity concerns
Despite being battered by rising borrowing costs intended to corral inflation, companies are expected to seek out more bank loans.
China’s cultural industry posts steady growth in Jan-Sept
Almost all sub-sectors attained recovery in the first three quarters, logging rapid increases or narrowing declines in revenue.
Hanoi’s first nightlife district inaugurated
Open daily from 4pm until 2am, Gia Lam District offers visitors exciting gastronomy, entertainment and shopping experiences.