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.
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…
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…
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…
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…
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…
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…
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…
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.
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…