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October 2, 2023

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  1. Home
  2. BUSINESS
  3. Economic Affairs

Economic Affairs

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  • BUSINESS
  • Economic Affairs

South Korea’s drop in exports eases in Sept. on chip sales recovery

Exports of semiconductors, the country's key export item, dropped 13.6 per cent on-year in September, but it also observed the highest monthly export value this year.

  • Published: October 2, 20231:07 pm
  • Author Ann Asianews Network
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  • BUSINESS
  • Economic Affairs

Nepal’s debt servicing cost rose by over 80% last fiscal year

As large amounts of internal loans will mature in the current fiscal year, the government had to allocate a vast amount for repayments, according to Dilaram Giri, information…

  • Published: September 29, 20231:36 pm
  • Author Prithvi Man Shrestha
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  • BUSINESS
  • Economic Affairs

Pakistan’s caretaker govt to begin talks with IMF on quarterly review next month

The IMF had warned while signing the $3 billion Standby Arrangement that “the full and timely implementation of the programme will be critical for its success in light of the…

  • Published: September 29, 20231:32 pm
  • Author Nadir Gurmani
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  • BUSINESS
  • Economic Affairs

Industrial profits rebound to buoy China’s economic recovery

While the recovery has strengthened their confidence that China is on track to achieve its annual growth target, economists said the country still needs to grapple with stress in…

  • Published: September 28, 20231:35 pm
  • Author Ouyang Shijia and Zhou Lanxu
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  • BUSINESS
  • Economic Affairs

Bangladesh Bank moves to stem slide in reserves

The bank will not be making any drastic policy changes ahead of the national election, putting all its focus on tackling the depleting foreign exchange reserves and refraining…

  • Published: September 28, 20231:32 pm
  • Author The Daily Star
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  • BUSINESS
  • Economic Affairs

China’s tourism market speeds up recovery

Experts predict that this year's Mid-Autumn Festival and National Day holidays will witness a peak in mass travel due to various demands, including family visits, outbound…

  • Published: September 27, 20231:10 pm
  • Author Yang Yang
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  • BUSINESS
  • Economic Affairs

ADB lends Cambodia $140 million for labour development

The funds are to boost labour development to transform Cambodia into a technology-driven, knowledge-based industrial economy while enhancing public service delivery through public…

  • Published: September 27, 20231:09 pm
  • Author May Kunmakara
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  • BUSINESS
  • Economic Affairs

PM Kishida vows to return growth to the people

PM Kishida announced an outline of economic measures, which would "ensure that increased tax revenues are returned to the people," and "provide strong policy support to help…

  • Published: September 26, 202312:25 pm
  • Author The Yomiuri Shimbun
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  • BUSINESS
  • Economic Affairs

Now Fitch has a negative outlook on Bangladesh

Bangladesh's credit rating has come under threat following Fitch's damning verdict on the central bank's policy response to the fast-depleting foreign currency reserves.

  • Published: September 26, 202312:24 pm
  • Author Rejaul Karim Byron
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  • BUSINESS
  • Economic Affairs

Vietnamese, Brazilian firms asked to work together to raise trade to US$10 billion

Vietnam and Brazil are currently each other's largest trading partner in Southeast Asia and South America, with their trade turnover reaching a record level of about $6.78 billion…

  • Published: September 26, 202312:23 pm
  • Author Viet Nam News

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