‘Show me the money’: Indonesia frustrated with green financing deadlock
At a Group of 20 Summit in Bali last year, Indonesia had received pledges amounting to US$20 billion from developed countries and global private lenders through the Just Energy…
Economic Affairs
Chinese seeking freedom, security snap up posh homes in post-Covid Thailand
Cooped up in China for three years under Covid-19 curbs, Bian is among a flood of Chinese hunting for property in the southeast Asian nation.
Bangladesh PM offers economic zone to Bhutan for mutual benefits
Sheikh Hasina made the offer when the Bhutanese king said they wanted to build an administrative economic zone in his country.
China’s forex reserves hit 14-month high
The amount has marked the highest level for China since February 2022, when the reading came in at $3.2138 trillion.
Indonesia economic growth keeps pace ahead of expected slowdown
The continued growth was driven by household spending, metal and mineral exports, and returning tourists.
Bangladesh lags behind rivals in diversifying exports: Report
Although there has been a tendency toward diversification in recent years, concentration was still higher in 2020 than in the early 2000s.
Indonesian govt allows foreign entities to buy carbon credits from Jakarta
This paves the way for MNCs and institutions to tap into the country’s large carbon trading potential.
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.
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.