Korea’s economic recovery slower than hoped
Experts are still pinning hopes on China’s reopening and a recovery in the global chip market.
Economic Affairs
ADB approves $50 million loan for Nepal to strengthen customs, logistics sector
The programme aims at improving customs processes through the introduction of digital technologies, according to the bank.
Commodity downturn to eat into Indonesia’s state revenue: Finance Ministry
Experts have previously warned that lower commodity prices will affect state revenue this year and have urged the government to limit unnecessary spending.
State Bank of Pakistan hikes policy rate by 100 basis points to 22% in emergency meeting
Regarding its move to hike the policy rate, the bank’s Monetary Policy Committee said it viewed the action as “necessary to keep real interest rate firmly in the positive…
Thailand’s economy stable but household debt still a worry
Thailand's economy has expanded satisfactorily this year, supported by tourism and domestic consumption, with current figures show approximately 2 million tourists entering…
Thailand unprepared as foreign investors flock back to Asean
As the world rebounds, Thailand is now competing with other Asean countries to attract investment from multinational companies in the technology sector.
Bangladesh government gives green light for businesses to import green chilli
The price of one of the most popular items surged to as much as BDT 300 (USD 2.78) per kilogram in the capital amid short supply.
Korean airlines cut flights to China amid lukewarm demand
The suspension comes as the number of Chinese passengers flying into Korea decreased amid worsening relations between the two countries.
Thai rice exports to exceed 8 million tonnes this year: Foreign Trade Dept
The department is taking the lead to expand sales of Thai jasmine rice in China and Hong Kong SAR, according to its director general.
Indonesia’s textile industry to lay off more workers as export markets continue falling
The measures will come in three possible forms: layoffs, contract termination, or shorter working hours, the last resulting in lower wages.