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  1. Home
  2. BUSINESS
  3. Economic Affairs (Page 173)

Economic Affairs

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  • BUSINESS
  • Economic Affairs
  • + 2 more
    • Lifestyle
    • Travel & Tourism

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.

  • Published: November 17, 20223:30 pm
  • Author Chai Hua
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  • BUSINESS
  • Economic Affairs

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.

  • Published: November 16, 20222:17 pm
  • Author The Yomiuri Shimbun
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  • BUSINESS
  • Economic Affairs
  • + 1 more
    • Top News

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.

  • Published: November 16, 20222:10 pm
  • Author Vincent Fabian Thomas
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  • BUSINESS
  • COMBATING INFLATION
  • + 2 more
    • Economic Affairs
    • Home Page

Pay rise seen to surpass pre-Covid-19 levels; inflation to eat into S’pore wages

Despite the negative real salary increase, the survey found that only 22 per cent of organisations here are increasing salary budgets to combat rising inflation.

  • Published: November 16, 20226:56 am
  • Author Rosalind Ang
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  • Around Asia
  • BUSINESS
  • + 3 more
    • Economic Affairs
    • National Affair Right
    • NATIONAL AFFAIRS

Bangladesh buckles up as tough 2023 looms

In anticipation of the crisis, the government is now focusing on precautionary measures like increasing food production, among others.

  • Published: November 15, 20229:52 am
  • Author The Daily Star
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  • Big Picture
  • BUSINESS
  • + 1 more
    • Economic Affairs

Singles Day reaping significant retailing bonanza for China

While the country has announced measures to optimize its Covid-19 rules, domestic consumption is expected to further gain growth momentum in the coming months.

  • Published: November 14, 20223:10 pm
  • Author Fan Feifei and Zhou Lanxu
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  • BUSINESS
  • Economic Affairs
  • + 1 more
    • Top News

ADB predicts slower economic growth than expected in 2023

Lowering the 2023 forecast to 6.2 per cent from the earlier 6.5 per cent, the Asian Development Bank cited weaker global growth as a cause.

  • Published: November 14, 20228:11 am
  • Author The Phnom Penh Post
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  • BUSINESS
  • COMBATING INFLATION
  • + 1 more
    • Economic Affairs

October inflation in China unexpectedly eases

Some experts said they expect a cut in the reserve requirement ratio, which would reduce the amount of cash banks must hold as reserves, and thus boost lending and demand.

  • Published: November 11, 20229:08 am
  • Author Zhou Lanxu
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  • Big Picture
  • BUSINESS
  • + 2 more
    • COMBATING INFLATION
    • Economic Affairs

Indonesian firms cut staff, costs as global crisis hits home

Export-oriented industries are among the hardest hit, with many reporting sales plunging 30 to 50 per cent or even more, depending on their reliance on the overseas market.

  • Published: November 11, 20229:00 am
  • Author Vincent Fabian Thomas
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  • BUSINESS
  • Economic Affairs
  • + 1 more
    • Top News

Limit to renminbi’s rising popularity

The renminbi is now the world’s fifth most traded currency in terms of global foreign exchange (forex) turnover – up from the eighth spot in 2019.

  • Published: November 11, 20228:59 am
  • Author May

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