Bank of Bangladesh moves to boost QR code-based transactions
In a bid to gear up digital transactions, banks and financial institutions have been asked to replace their proprietary QR codes within June with a uniform one developed earlier…
Big Picture
Slow investment growth taints Indonesia’s strong GDP report
While government spending performed even worse last year with a year-on-year decline, the slowdown in gross fixed capital formation growth is arguably more alarming, as it reveals…
Philippines jobless rate inched up to 4.3% in Dec 2022
In December, there were 2.2 million working-age Filipinos who were available for work and were actively looking for jobs, 43,000 more than the 2.18 million jobseekers in November.
Chinese flag carrier gears up to fly back into Cambodia
A reception will reportedly be held for the passengers and crew, with the Minister of Tourism, among others.
Bangladesh now home to half of top green factories worldwide
Being the global champion in LEED certified factories, Bangladesh has 63 platinum rated garment units while another 110 are gold rated, 10 are silver rated and four are just…
Urbanisation to be major growth driver for China
An increased focus on generating more domestic consumption comes as Chinese pockets have grown deeper over the past few decades.
Thailand ready to welcome Chinese tourists to their ‘dream destination’
A government spokesman said that to achieve its target of attracting at least 5 million Chinese visitors this year, they are planning to increase the frequency of flights.
China’s reopening set to drive more of Asia’s wealthy to S’pore
China’s reopening is poised to kindle fresh interest in Singapore as a financial hub among the well-heeled in China and the rest of the region.
Chinese carmakers confident despite market’s slow start to the year
Overall passenger car sales were estimated to see a steeper year-on-year decline of 34.6 percent, with deliveries falling to 1.36 million units, said the China Passenger Car…
South Korea’s mask manufacturers face bankruptcy amid eased masking rules
The government had previously encouraged entrepreneurs to join the mask manufacturing industry to cope with the severe supply shortage caused by the pandemic.