Nighttime offers profitable opportunities in China
About 60 per cent of consumption in China takes place at night, according to a report on urban residents' spending habits,
Big Picture
Cambodia PM gauges private sector development
“The more the private sector flourishes, the more taxes are paid – money which can then be invested,” Prime Minister Hun Sen stated.
China’s policy bank lends billions more to agriculture
To ensure grain security, the bank has issued loans worth 372 billion yuan to help purchase summer and autumn grain over the past year.
Volatile energy could become the norm for Bangladesh’s garment makers
Lack of adequate gas pressure combined with soaring fuel costs means many factories are running at low capacity.
China’s local tours on the rise during weeklong National Day holiday
This year, consumers have become more flexible when making travel decisions, and more people tend to book hotels right before their trip.
China’s economy to stay resilient: ADB
In the short term, however, the Chinese economy and other economies are facing headwinds.
Trade policies inhibit investment in Indonesia: World Bank
The institution explained that changes in trade policies were paramount to support the massive “investment diversion” to South-east Asian countries.
Good news, bad news for Malaysia’s economy
While a weaker ringgit made Malaysian exports attractive and benefited exporters, it was also equally valid that the nation would eventually import less.
Korea eyes world No. 3 spot in digital competitiveness by 2027
The government will also aim to complete setting up the infrastructure for a nationwide 5G network by 2024.
Workers laid off during pandemic return to Mactan hotels, resorts
President of the Hotel, Resort and Restaurant Association of Cebu said hotels and resorts are now on their way to full recovery, two years since the pandemic hit the industry.