Mass biodiversity loss would slash global credit ratings: Report
The study estimated that 58 per cent of the 26 countries studied face a downgrade of their sovereign credit rating.
Economic Affairs
Economic recovery in China ready to gather pace
Experts say the economy will rebound in the following months with a package of stimulus measures fully taking effect.
Surging fertilizer prices hit Japanese farmers hard
The problem has emerged due to Japan's reliance on China and Russia for most of the materials used to produce fertilizers.
Vietnam’s cashew exports to slow in 2022 amid global inflation, Russia sanctions
The cashew industry exported cashews to 104 countries and territories last year, with Russia being 11th largest buyer of Vietnamese cashews.
4 out of 10 firms in South Korea experienced raw materials price hikes higher than 20%: Survey
The survey came as South Korea is grappling with inflation running high amid global oil and commodity price hikes driven by rebounding demand, pandemic-caused lockdowns in China…
Peso breaches 55:US$1, now Asean’s worst performer
Analysts are worried about the speed that the peso has been depreciating, and that this might come to the point when the Bangko Sentral ng Pilipinas would have to use its foreign…
Pressure on forex reserves: Bangaldesh exploring loan of up to $4.5 billion from IMF
Even though imports are slowly contracting, the elevated inflation levels around the world mean the odds of a slowdown in both remittance inflows and export orders are high.
Japan’s labour ministry to gather data on foreign workers
According to the ministry, there were approximately 1.727 million foreign workers in Japan as of October 2021, a record high for the ninth consecutive year.
Over 500,000 expats returned home after losing jobs amid Covid-19 pandemic: Minister
The Bangladesh Expatriates' Welfare and Overseas Employment minister also said that a total of 1.05 million female migrant workers were working in 84 countries across the world.
How cryptocurrency thrives in crisis zones
Their relative anonymity offers a haven for criminals, extremist groups and sanctioned governments — but champions say they also support citizens caught up in crises.