Shipping boom expected after Shanghai re-opening
Although the Port of Shanghai has been operational, capacity was largely restrained because of the reduced availability of goods in the past two months. The port is the world's…
Economic Affairs
RMB treasury bonds to be issued in Hong Kong
They will be issued in four batches, with the first batch – including two, three and five-year bonds – worth 7.5 billion yuan going on sale on June 15.
Indonesia’s finance ministry expects to see 5% GDP growth in Q2
The Deputy Finance Minister said this was a result of strong spending levels due to eased mobility restrictions, improved investment growth, stronger net exports, among others.
India achieves target of 10% ethanol blending in petrol ahead of schedule: PM Modi
Prime Minister Modi also said that the country’s solar energy capacity has increased by about 18 times.
Goal to raise minimum wages to be included in Kishida’s ‘new capitalism’ action plan
The government wants to eliminate regional disparities and improve the terms of nonregular employees and other workers, aiming to raise the weighted average minimum wage to…
Malaysians hope new GST will be lower than 6%
Prime Minister Datuk Seri Ismail Sabri Yaakob previously said the government is aware of GST’s unpopularity but has limited options.
Pakistan govt raises prices of petrol, diesel by another Rs30 per litre
Finance Minister Miftah Ismail insisted the subsidy on petroleum products announced by ex-premier Imran Khan had to be withdrawn to avert financial losses.
Indonesia to scrap subsidy for bulk cooking oil
Bulk cooking oil held a lion's share of 62 per cent of total domestic cooking oil demand, with small businesses and lower-income families its main consumers.
Digital economy provides enormous opportunities for women
By engaging in e-commerce platforms, disadvantaged women get employed in a flexible way, with their living conditions being comprehensively improved.
P13 trillion debt and how to pay it: The monster awaiting Bongbong Marcos
Think tank Ibon Foundation said the government has to choose from borrowing more, spending less and increasing taxes to generate income and pay off debts.