Economic AffairsAsia News Network

Japan to provide excess imported LNG to Europe amid Ukraine tensions

Tokyo's unusual move came follows a U.S. request to shore up energy supplies for Europe, which depends heavily on Russian gas.

Exports of gems and jewellery, excluding gold, in Dec 2021 were worth US$587.16 million, up 29.33 per cent year on year.

China's delivery sector handled 749 million parcels during the weeklong holiday, a year-on-year increase of 16 percent.

President Joko Widodo inaugurated on Feb 4, 2021, the first of five sections of the 131-kilometer Binjai-Langsa toll road.

Nowadays, imported goods are no longer exclusive to residents in first- and second-tier cities, as disposable incomes go up.

Economists expect the consumer price index to trend higher in the first few months of the year before easing later on.

The Vietnamese stock market after Tet has inched up five times in six years during the 2016-2021 period, and only declined in 2020.

The US remained the largest importer of Vietnamese leather, footwear and bag products with a turnover of over $8.76 billion.

Under the agreements, Cambodia will lift tariffs on 93.8% of goods traded, with South Korea scrapping duties on 95.6%.

Compared to 2020, convenience stores’ revenue surged by 6.8% last year, whereas major supermarkets saw their sales decrease by 2.3%.