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  1. Home
  2. BUSINESS
  3. Economic Affairs (Page 189)

Economic Affairs

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  • BUSINESS
  • Economic Affairs
  • + 1 more
    • Special Report

The rise of Islamic banking

Islamic banking in Pakistan appears to be unstoppable — while conventional banking deposits grew an average of 13 per cent annually, Islamic banking deposits have grown by 42…

  • Published: June 24, 20224:59 pm
  • Author Khurram Zia Khan
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  • BUSINESS
  • Economic Affairs

Korean Won sinks to 13-year low, drags Kospi further down

Aggressive moves by the US Federal Reserve to tame the red-hot inflation, at the risk of an economic downturn, were believed to have prompted the sell-off of Kospi by foreigners.

  • Published: June 24, 202210:58 am
  • Author Choi Si-young
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  • BUSINESS
  • Economic Affairs

Tough economic choices face incoming Marcos administration

As policymakers debate the use of remedial measures to ease the pain of high fuel costs, senior economist Mapa warns against distributions that could aggravate inflation.

  • Published: June 24, 20226:01 am
  • Author Ben O. de Vera
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  • Around Asia
  • BUSINESS
  • + 3 more
    • Economic Affairs
    • ECONOMIC AFFAIRS
    • Top News

World Bank warns of downside risks to Indonesia’s GDP

The government projects 2022 growth at 4.8 to 5.5 per cent and 2023 growth at 5.3 to 5.9 per cent, while the Organization for Economic and Cooperation Development sees domestic…

  • Published: June 23, 20225:58 am
  • Author May
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  • BUSINESS
  • Economic Affairs
  • + 2 more
    • GEOPOLITICS
    • Trade

Indonesia looks to export chickens to shortage-hit Singapore

Indonesia produces 55 million to 60 million birds per week, with a surplus of around 15 percent to 20 percent after domestic consumption.

  • Published: June 22, 20229:35 am
  • Author Ann Asianews Network
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  • BUSINESS
  • Economic Affairs

Japanese Yen falls to 24-year low

The yen, outside the euro zone, fell over 0.5 per cent to a 24-year low of 135.835 per dollar, continuing to weaken after the Bank of Japan dashed any expectations of a change in…

  • Published: June 22, 20226:54 am
  • Author Ann Asianews Network
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  • Around Asia
  • BUSINESS
  • + 2 more
    • Economic Affairs
    • ECONOMIC AFFAIRS

Inflation-ridden Nepalis hit by record hike in petroleum prices

Adding to the inflation-caused woes, experts say prices have been hiked sharply at a time when the country’s economic indicators—from farming to trade—are at their worst.

  • Published: June 22, 20226:52 am
  • Author Sangam Prasain and Krishana Prasain
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  • BUSINESS
  • Economic Affairs
  • + 1 more
    • Policy Matters

Hong Kong’s May inflation up 1.2%

Netting out the effects of the government’s one-off relief measures, the year-on-year rate of increase in May was 1.7 per cent, while price drops were seen for gas and water.

  • Published: June 22, 20226:47 am
  • Author Wang Zhan
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  • Around Asia
  • BUSINESS
  • + 2 more
    • ECONOMIC AFFAIRS
    • Economic Affairs

Pakistan finance minister hopeful of IMF agreement within ‘1 or 2 days’

So far, Pakistan and the IMF have not yet been able to reach close to a staff-level agreement for revival of the loan programme.

  • Published: June 21, 20223:29 pm
  • Author Tahir Sherani
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  • Around Asia
  • BUSINESS
  • + 2 more
    • Economic Affairs
    • ECONOMIC AFFAIRS

Real wage decline could push low-income families into poverty

It is possible that the coronavirus pandemic caused a structural change in demand for workers with increased reliance on digital technology in both production and distribution of…

  • Published: June 21, 20227:44 am
  • Author Zahid Hussain

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