Markets have good reasons to be more upbeat: IMF chief
Positive factors included China's reopening, resilient US and EU labour markets and inflation finally trimming down.
Big Picture
Kishida exploring ‘exit strategy’ from monetary easing with new BOJ lineup
The unexpected decision by Prime Minister Fumio Kishida to appoint Kazuo Ueda as the Bank of Japan’s next governor indicates towards the move.
Recruiters livestream for more talent as biz improves
Livestreaming, some of the recruiters said, is efficient and enterprises can meet growing business orders from home and abroad.
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…
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.