Investor charm campaign planned for major Asean business summit
The summit is one of the bloc’s major annual events, which brings together regional and global leaders, along with CEOs of major companies, to discuss and share experiences on…
Big Picture
Scorching weather in Japan prompts early spike in sales of ACs, parasols, sunscreens
Products such as parasols and sunscreens, have been selling well unusually early, with manufacturers continuing production at full capacity to take advantage of the blazing summer…
Vietnam’s tourism industry flourishes during summer
The summer holiday is forecast to record an unprecedented increase in demand for air travel, according to the aviation businesses.
Cool-weather crops heat up district’s economy in Ningxia
Yuanzhou district in Northwest China sells 70 per cent of its cool-weather vegetables – cabbages, carrots – to other areas, making its vegetable industry a pillar of the…
Inflation, growth challenges to weigh on Marcos admin
A global risk intelligence firm warned that in emerging markets like the Philippines, the cost-of-living crisis will drive a spike in civil unrest, with knock-on impacts for…
Tyre maker Michelin to leave Russia
Michelin cited supply chain problems as the main reason behind its decision to give up business in Russia.
Up-ended global LNG markets deepen Australia’s power woes
Europe's rush for supplies and an outage at the biggest US LNG plant supplying Europe have had knock-on effects driving power prices up.
Cambodia’s peppercorn output set to rise: Insiders
Unseasonal heavy rains in February, March and April have pushed up yields of the GI-tagged peppercorn by about 10 per cent and greatly cut down on fuel costs for irrigation.
Food inflation relief within sight as crops and crude pull back
Months after Russia's invasion of Ukraine upended trade flows and sent futures soaring, fear of grain shortages is giving way to optimism that key producers will reap harvests…
Pressure on forex reserves: Bangaldesh exploring loan of up to $4.5 billion from IMF
Even though imports are slowly contracting, the elevated inflation levels around the world mean the odds of a slowdown in both remittance inflows and export orders are high.