Outdated gender roles keep South Korea’s wage gap stubbornly high: labor union survey
The figure is the largest among OECD nations at 31.2 percent, according to a new survey.
Economic Affairs
Malaysian government to import 640 tonnes of coconuts to peninsula over festive season
According to the Agriculture and Food Security Minister, a few factors behind the hike in prices of coconut-based products include, price increases of mature or 'hard' coconuts…
Indonesian government’s bid to hike coal export prices faces global market backlash
Banking on its large share of the thermal coal market, Indonesia wants its domestic benchmark to inform international pricing, but importers are reluctant to go along, causing…
South Korea urged to adopt bitcoin reserve, won-backed stablecoin amid Trump’s crypto push
Countries like Switzerland and Japan have already taken significant steps in this direction.
Japanese delegation seek investment opportunities in Cambodia
CDC first vice-president Sun Chanthol informed the delegation about the Cambodian government's policies on attracting investment and boosting the economic transformation to…
Private sector, cutting-edge tech in focus as China prepares to take on the US
China will also encourage existing foreign companies to reinvest in the country and support their collaboration with firms that can strengthen their industrial chains, said…
US President Trump bemoans Korean tariffs, calls for repeal of CHIPS Act
In a statement issued later in the day, Seoul’s Industry Ministry explained that Korea’s Most Favored Nation tariff rate is 13.4 percent — compared to the US rate of 3.3…
Thailand eyes health industry as its next economic powerhouse
A 690-billion-baht health economy push targets wellness, medical devices, herbal products and beauty industries as key drivers of growth
Vietnam PM holds dialogue with businesses from ASEAN, urges cooperation
Several ASEAN countries are also among the top foreign investors in the country, with Singapore taking the lead with 3,946 projects worth $84.3 billion, followed by Thailand with…
Bhutan’s timber exports struggle to penetrate Indian market
This is amid fierce competition from larger timber-exporting nations offering lower prices and higher-quality products.