KSE-100 sheds over 400 points amid political tension, speculation over IMF deal
The Pakistan Stock Exchange’s benchmark index opened on a positive note but turned bearish within minutes.
Economic Affairs
Air travel in Indonesia inching closer to pre-pandemic level
Airlines are confident about the demand trajectory after air travel picked up rapidly, as reflected in increasing passenger numbers, among others.
India’s forex reserves almost touch US$600 billion, hit one-year high
In October 2021, the country’s foreign exchange reserves touched an all-time high of about US$645 billion.
Indonesia looks for untapped potential in blue economy
Blue economy broadly refers to activities involving maritime and coastal territories and marine resources, such as fishing and aquaculture.
Malaysia has what it takes to become high-income status nation by 2028, says Rafizi
Malaysia possesses the key characteristics needed to achieve this ambitious goal, Economy Minister Mohd Rafizi Ramli noted.
Asean prepared to be world’s new economic powerhouse
In an April report, the Asian Development Bank projected that the economies in the Asia-Pacific region will grow 4.8 per cent this year and next year, adding that growth in the…
China’s FDI inflow up 2.2% in Jan-April
The manufacturing sector attracted 130.05 billion yuan of global capital between January and April, up 4.1 percent year-on-year, said the ministry of commerce.
Hong Kong Disneyland eyes post-Covid recovery as revenues increase
The managing director expressed optimism, announcing Disney’s Hollywood Hotel will reopen in mid-July.
Cambodia’s migrant workers send home $3B per annum
Last month, it was declared that Cambodian migrant workers were ranked as some of the hardest working in South Korea.
Pakistan needs significantly more financing for successful bailout review: IMF
On May 11, the central bank reserves fell $74 million to $4.38 billion, barely a month’s worth of imports.