Indonesia to ‘fight’ against IMF’s mineral export ban criticism
Indonesia has banned exports of nickel ore since 2020, to which the European Union has responded with a complaint to the World Trade Organization.
Economic Affairs
China’s digital payment services see global expansion in 2022
In 2022, online payment services provided by China Unionpay extended to over 22 million clients in over 200 countries and regions overseas.
Heat unlikely to keep tourists home this summer: Industry operators
Industry operators and agencies anticipate a full recovery of long-distance tours and family trips, which may even outperform figures in 2019.
Vietnam’s economy sees gradual and positive changes: MPI
Many localities in key regions achieved a higher Gross Regional Domestic Product growth rate in the second quarter compared to the first.
China’s GDP expected to grow 5.4% in 2023
Driven by pro-consumption policies and the accelerated release of service consumption, consumption is expected to maintain recovery.
IMF-WB team to visit Dhaka to assess bond market
The team will identify challenges, prepare a roadmap for the Local Currency Bond Market development with sequenced reforms.
Vietnam set to become Southeast Asia renewable energy leader: Conference
With its abundant resources and soaring demand for clean energy, Vietnam is poised to become a regional leader in renewable energy, a conference organised by Forbes Vietnam heard.
Thailand’s manufacturing production index slumps 3.14% in May
The average MPI during the first five months of this year came in at 96.36, representing a drop compared to the same period last year.
Korean investors snap up Japanese stocks amid yen weakness
Data showed that Korean investors net purchased $132 million worth of Japanese stocks in the first six months of this year.
Singapore identified as potential market for Cambodian rice
Hun Sen encouraged Cambodian diplomats in foreign nations to fortify trade ties and bolster its economies.