Malaysia’s cabinet to discuss high cost of living, chicken supply
The Malaysian PM also said the government would also look at abolishing other Approved Permits to address the issues of food supply and prices.
Economic Affairs
South-east Asia seen growing way out of gloom
The reopening of borders may have provided relief to the region's travel and tourism industry－among those worst hit by lockdowns and movement restrictions.
Hong Kong’s jobless rate jumps to 5.4%, highest since mid-2021
The underemployment rate also increased to 3.8 percent during the period.
2 months’ remittance enough to clear foreign debts: Finance Minister
The Bangladesh finance minister also dismissed comparisons made between Bangladesh and Sri Lanka.
Indonesia’s trade surplus hits all-time high in April
China remains Indonesia’s leading export destination, buying $5.49 billion worth of goods, accounting for 21.21 percent of all exports, followed by the United States and Japan…
Cryptocurrency crashes take a mental toll on young investors
From depression to suicidal thoughts, crypto crashes could have serious consequences for youth who have pinned hopes on risky assets.
Demand for premade dishes surge in China as cities switch to stay-home status
From April 24 to May 15, overall sales of premade dishes in Beijing increased more than 50 percent compared to the same period last month.
Dollar exchange rate shoots past Tk 100 for the first time in Bangladesh
The central bank has so far injected a record $5.31 billion in the current fiscal year to lessen the US dollar shortage faced by banks.
Cambodia’s sovereign bonds debuting in 2022: Minister
They will serve as a new financial instrument for institutional investors, insurance companies and banks.
Car loan interest rates in S’pore rise to average of 2.28% after US Fed’s biggest rate hike in 22 years
In the past two years, car loan interest rates have generally not breached the 2 per cent mark.