Malaysians hope new GST will be lower than 6%
Prime Minister Datuk Seri Ismail Sabri Yaakob previously said the government is aware of GST’s unpopularity but has limited options.
Economic Affairs
Pakistan govt raises prices of petrol, diesel by another Rs30 per litre
Finance Minister Miftah Ismail insisted the subsidy on petroleum products announced by ex-premier Imran Khan had to be withdrawn to avert financial losses.
Indonesia to scrap subsidy for bulk cooking oil
Bulk cooking oil held a lion's share of 62 per cent of total domestic cooking oil demand, with small businesses and lower-income families its main consumers.
Digital economy provides enormous opportunities for women
By engaging in e-commerce platforms, disadvantaged women get employed in a flexible way, with their living conditions being comprehensively improved.
P13 trillion debt and how to pay it: The monster awaiting Bongbong Marcos
Think tank Ibon Foundation said the government has to choose from borrowing more, spending less and increasing taxes to generate income and pay off debts.
Philippine restaurants struggle to source supply, meet demand
Industry experts propose this may persist as pandemic lockdowns in China – a critical trans-shipment hub – disrupt logistics while the Ukraine invasion cuts access to food…
US dollar crunch: Many banks fail to follow Bangladesh Bank exchange rates
The central bank has so far supplied a record $5.95 billion to the foreign exchange market this fiscal year tocool it off.
Cambodia set to receive $965 million in ADB financing
A government spokesman that the money would be put toward areas such as physical infrastructure, agriculture, energy, education and health.
More targeted policies in pipeline to boost growth for China
China's sound economic recovery momentum has been hampered by multiple shocks that were not expected and a resurgence of Covid-19 cases since late March, Minister of Finance Liu…
Robust pay rises in Singapore last year tempered by inflation
With a large majority of companies raking in profits, 70 per cent of workers saw their pay packets expand significantly but their spending power only increased by 1.6 per cent.