Cambodia’s FDI growth among ‘stablest’ in ASEAN
Despite the effects of the pandemic and geopolitical tensions, foreign direct investments (FDI) into Cambodia are remarkably stable and in good condition compared to member…
Economic Affairs
Indonesia’s quartz sand export ban seen to push domestic solar panel manufacturing
The government hopes a ban will prompt a rush into the production of silica-based products, including glass, ceramics and other building materials.
Thailand’s gemstones and jewellery exports up 31 per cent
Sumed Prasongpongchai, the director of the Gem and Jewellery Institute of Thailand, said he was satisfied with the increase in exports and added that if gold were included, the…
Bangladeshi banks have lowest capital base in South Asia
Local bankers say the capital base is not strengthening due to the growing bad loans.
Platform workers are spending more than they earn; savings in ‘unhealthy range’: DBS study
The 2023 annual study found that the expense-to-income ratio for platform workers rose further to 112 per cent in May 2023, from 107 per cent a year ago.
Tourists’ new spending habits offer fresh opportunities: Hong Kong financial secretary
He noted that the spending habits among Chinese mainland tourists have changed, with “the young demographic now seeking cultural experiences, art exhibitions and large-scale…
Thailand’s inflation lowest in South-East Asia
Thailand’s inflation rate is the lowest among the seven Asean countries that have announced their rates, with inflation for the whole year expected to range between 1 per cent…
Bangladesh hits milestone of 200 green factories
Of the 200 factories, 73 are platinum-rated, 113 are gold-rated, 10 are silver-rated, and four are certified factories.
Pakistan’s economic woes leave textile industry in tatters
The difficulties of the textile sector, which accounts for 60 per cent of Pakistan's exports, are compounded by the critical state of the economy and months of political chaos.
Bangladesh sees no respite from high inflation
Last month, food inflation edged up 3 basis points to 9.76 per cent, while non-food inflation shed 13 basis points to stand at 9.47 per cent.