Big data shows rising salaries in Beijing
Industries affected by the pandemic have witnessed a steady recovery, with median salaries growing compared with 2020.
Economic Affairs
Thailand’s economy maintains growth momentum, GDP expands 4.5% in Q3
“Almost all indicators have increased, including consumption and spending by the private sector”, Thailand’s National Economic and Social Development Council reported.
Indonesia’s $20 billion climate deal requires eye on debt: Experts
An energy economist says the country needs to ensure the funds were utilised prudently for early coal plant retirement and new investments in renewables.
Bangladesh PM opens 14 factories at economic zones
The prime minister also inaugurated seven infrastructure development projects and laid the foundation stones for numerous units.
Hong Kong jobless rate eases to 3.8%
Distinct decreases were observed in the maintenance for buildings sector, retail, food and beverage service, and activities sector.
BI hikes rate by another 50 basis points as rupiah skids further
It marks the fourth consecutive month of Bank Indonesia’s tighter monetary policy as the central bank brings the benchmark rate to 5.25 per cent.
China’s economy expected to further recover
"The economic recovery and stabilization of key areas are speeding up as follow-up measures are taking effect”, said an official.
Number of visitors to Hong Kong surges 22%
The travellers in October visited mainly for overnight stopovers, business trips, according to the Hong Kong Tourism Board.
Japan economy declines by annualised 1.2％ in Jul-Sept.
Exports increased by 1.9 per cent, but the net balance pulled GDP down 0.7 percentage points.
Indonesia’s exports see unexpected gain as Chinese, Indian demand picks up
With trade surplus rising to US$5.67 billion, the export side was backed by shipments of crude palm oil, coal, iron, and steel.