Choo warns of market volatility as Korea-US gap hits record
The Finance Minister further added that closer monitoring of the economy is needed in such situations.
Economic Affairs
IMF lowers economic forecast for Middle East, Central Asia
Their report state that tight monetary and fiscal policies across the region and tight financial conditions "call for accelerating structural reforms."
SG can expect lower job market churn from 2023-2027 compared to rest of the world
This seems to be the case even though an overwhelming number of companies believe that geopolitical rifts will have a bearing on their businesses.
Hong Kong records 33.1% drop in property sales
The total consideration for sale and purchase agreements dropped 7.5 percent from March to HK$63.7 billion in April.
IMF weighs raising HK’s economic forecast amid growth
The economic outlook would further improve as economy on the Chinese mainland and recovery of the city’s aviation sector has picked up speed.
Nepal keeps downgrading economic growth projection
The latest estimate is 1.86 percent, down from 4 percent during the first half and 8 percent at the start of the fiscal year.
Private sector demand key to China’s full recovery
However, new data also indicates that the recovery is faced with challenges, and policy support is needed to boost the sector's demand.
South Korea’s exports decline for 7 consecutive months amid chip slump
The Trade Ministry is seeking ways to recover reduced trade with China, the nation’s biggest trade partner.
ID government to increase domestic market obligations again for palm oil producers
The new ratio would meaning producers will only be allowed to export four times as much as they sell in the domestic market.
Indonesia insulated from heightened global debt risk: Analyst
“[The national debt] is only 39 per cent of GDP, a figure that is relatively safe compared to other countries,” said Bank Permata's chief economist.