Can US$7bil stabilisation fund revive Korean Composite Stock Price Index?
In response to the turbulence in the local stock market, financial policymakers have vowed to provide unlimited liquidity using public funds.
Economic Affairs
Inflation 7% by next June: Bangladesh Bank governor
Bangladesh Bank Governor Ahsan H Mansur said inflation has not yet come down although monetary policies have been tightened and fiscal measures implemented to control domestic…
Possible tax hike for Kuala Lumpur next year
Minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa said Kuala Lumpur City Hall (DBKL) had been running a deficit in recent years, necessitating…
Japan seeks Indonesia’s help to solve labour crisis
The number of Indonesian workers in the Japanese construction sector is expected to surpass the number of Vietnamese workers in the coming years, a Japanese construction…
Bangladesh’s unemployment picture is darker than it appears
The past government had been relying on international definitions and standards that are over four decades old to measure labour data, painting a rosy picture of low unemployment…
Fresh policies aim to nurture China’s new growth engines
The move mirrors the directive to nurture technological innovation to boost the development of new quality productive forces and the establishment of a modern industrial system.
Private banks in China seek state capital amid economic pressures
The moves come as banks in China grapple not just with the effects of a property crisis that has reverberated through the economy but also with low interest rates – part of the…
Bankers review Thai PM Paetongtarn’s performance in first 100 days
Noting that Chinese companies could be expected to move their production bases to Thailand to counter the tariffs announced by US president-elect Trump, and the inevitable…
Indian firms eye investment in Indonesia’s pharma sector, ambassador says
In October, then-president Joko “Jokowi” Widodo established a special economic zone (SEZ) for tourism and health in Batam, with India's Apollo Hospitals and local hospital…
Vietnam PM Chinh calls for Chinese engagement in infrastructure development projects
PM Pham Minh Chinh underscored that as a transitional economy, Vietnam is focusing on three strategic breakthroughs, including developing infrastructure, particularly transport…