Bangladesh’s RMG export to EU rises 29% in Jan-Mar
Garment export volume to the destination also rose by a strong 24.64 per cent, along with a 3.55 per cent increase in unit price, according to data from Eurostat, the statistical…
Economic Affairs
US credit downgrade spooks Philippine stock investors
While it had opened positively, the benchmark Philippine Stock Exchange Index (PSEi) settled at 6,454.84 by the closing bell, down 0.17 percent, or 10.69 points. Juan Paolo Colet,…
China’s industrial output, retail sales continue to increase in April
The NBS noted that despite external shocks, China's broader economy maintained steady growth in April backed by supportive macroeconomic policies. However, the NBS warned of…
Filipinos still spending less in small neighbourhood stores–study
Consumers have increasingly opted for smaller, more frequent purchases to stretch their limited disposable income.
Six major financial institutions roped in to support investment growth in Johor-Singapore SEZ
The six are Bank of America, HSBC, Sumitomo Mitsui Banking Corporation, CGS International Securities, Maybank and CIMB.
China’s industrial sector posts steady growth
Officials and analysts said that China's economic fundamentals remain solid and the country retains ample policy room and tools to navigate mounting external uncertainties.
Japan poll reveals discontent over US tariffs, rice prices; nearly half favour opposition-led government
The 31% support rate for Prime Minister Shigeru Ishiba’s cabinet appears to reflect the public’s low expectations regarding this administration’s negotiations over U.S.…
Singapore construction sector sees fallout from US tariffs amid trade war truce
Firms are grappling with uncertainty over pricing and supply of raw materials, according to local industry associations.
Vietnam to implement measures supporting private sector
The government aims to cut at least 30 percent of administrative procedure processing time, compliance costs, and business conditions by the end of 2025, with continued reductions…
Fast fashion, fat margins: How global retailers cash in on low-cost Bangladeshi RMG
Global fashion brands are reaping triple-digit profits on Bangladeshi garments, buying at $3 and selling for three to four times more. Yet, they continue to pressure factories to…