South Korea plans to increase quota for Bangladeshi workers: Envoy
Ambassador Lee Jang-keun said as many as 5,200 Bangladesh workers are expected to go to Korea by the end of the year.
Economic Affairs
Hong Kong promises full backing for Thailand’s Apec ambitions
Trade between Hong Kong and other Apec economies accounts for roughly 80 per cent of the island city’s total external trade.
Itaewon businesses survey disaster’s aftermath
Itaewon, a mecca for shopping and tourist attractions, is home to some 2,184 stores, composed of 48.6 per cent retail businesses and 46.3 per cent restaurants and cafes.
China’s foreign trade up 9.5% in Jan-Oct
Meanwhile, its trade surplus jumped 46.7 per cent year-on-year to 4.8 trillion yuan.
Indonesia’s GDP growth accelerates to 5.72%
The domestic economy is benefiting this year from relaxed pandemic restrictions and higher prices for key export commodities in global markets.
Tourist dollars drive surge in Thai gold consumption
“This is the longest streak of consumer demand growth in Thailand”, World Gold Council’s regional CEO said.
South Korea braces for impact as US delivers fourth big rate hike
“Uncertainties are certainly growing and we’ll be extra vigilant in our response to what may come in our way”, Finance Minister Choo Kyung-ho said.
Air freighters increase to serve RCEP imports, exports in China
By 2041, about 630 new freighters are expected to be delivered to China.
Investors take a shine to Chinese bonds
There is still much room for foreign investors to increase their position in renminbi bonds as economic growth steadily recovers, sources state.
Ringgit estimated to drop to RM3.35 to RM3.45 range against Singdollar
The ringgit is also likely to hit 5.00 against the US dollar, its record low, in the next six months.