Rising gold prices spur Indians to buy bars,
India remains the world’s second-largest gold consumer, and its investment demand in gold spiked 20% year on year in September quarter to 91.6 metric tonnes, or 67% in value…
Economic Affairs
‘Quiet city’ on high alert: Gyeongju tightens security as APEC summit kicks off
The tightened security – and the rallies by anti-Trump and anti-Xi protesters – have led to some inconveniences for Gyeongju residents.
Global appetite for Malaysian durian grows export, fruit planting projects
Malaysian durians are now exported to more than 40 countries, including Canada, Japan, South Korea, Qatar, the United Arab Emirates, Saudi Arabia, the United Kingdom, the…
Amazon to cut 14,000 corporate jobs worldwide, Singapore may not be spared
Seattle-based Amazon has over 2,500 employees across cloud, corporate, retail, technology and operations functions in Singapore, which is also its Asia-Pacific headquarters.
Corruption scandal won’t blunt Philippines investment push at APEC: Foreign Affairs department
However, Philippine Ambassador to the United States Jose Manuel “Babe” Romualdez said earlier that $100 billion to $150 billion (P5.8 trillion to P8.70 trillion) in potential…
Gold prices dropped in Bangladesh for the fourth time in a week
Industry insiders attribute the surge earlier mainly to movements in the international bullion market, the devaluation of the taka, economic uncertainty, and high inflation.
Philippine President Marcos orders price freeze on basic goods until yea-rend
The price freeze applies to canned sardines, canned meats, all kinds of milk, coffee, bottled water, instant noodles, bread, salt, soy sauce, fish sauce, vinegar, bottled water,…
Gyeongju’s moment: Key developments to watch at APEC 2025
With the United States, China, Japan and other regional powers in attendance, the forum is expected to move beyond economic dialogue and serve as a testing ground for strategic…
Bhutan’s new income tax reliefs to benefit families, homeowners, and persons with disabilities
A major addition is the parenthood child tax credit, a measure to support parents and encourage population growth.
Indonesia raises 6 billion yuan through first ‘dim sum bond’ issuance
The five-year bond has a coupon of 2.5 percent, while the 10-year one offers 2.9 percent.