China emerges from Omicron with improving PMI data
China's manufacturing sector fared better in May, as more factories resumed production after the Omicron outbreak was brought under control.
Big Picture
Robust pay rises in Singapore last year tempered by inflation
With a large majority of companies raking in profits, 70 per cent of workers saw their pay packets expand significantly but their spending power only increased by 1.6 per cent.
Banks asked to convert export proceeds into taka immediately
Many exporters sell their export proceeds to banks that offer the higher rate. However, the instruction given on May 31 by Bangladesh Bank will put an end to the practice.
China makes all-out efforts to prop up foreign trade
Apart from increasing fiscal and financial support for foreign trade enterprises, the country will also seek to bolster cross-border e-commerce.
Remote work tests South Korea’s corporate hierarchy, culture
Once unthinkable, working from home in high demand by younger workforce that values performance over loyalty.
The Great Renegotiation: S’pore workers want more flexibility, training and pay – or they will quit
Surveys out this year show that a majority of workers intend to quit if their demands are not met. How are workers and bosses navigating this 'new normal'?
Thai noodle shop vows to keep 3-baht price despite higher costs
Owner Thawat Pirata said that his shop had never experienced this level of high costs and low profits due to the rising cost of raw materials since it was set up 34 years ago.
Putin says ‘Thank God’ some foreign companies have left Russia
However, Putin has also promised that Western attempts to isolate Russia would fail, saying developed economies are grappling with inflationary spiral and food crisis, among…
Nuclear power has no place in renewables bill: Activists
They argue that energy from coal gasification and nuclear power plants would increase greenhouse gas emissions.
PM Hun Sen to Euro investors: Discover untapped areas
He also said that Cambodia “made great strides to open up its economy and engaged with new markets” by signing free trade agreements (FTA) with China and South Korea.