Cambodia’s rubber industry expands with local latex glove production
This shift marks a turning point for Cambodia’s rubber industry, as the country moves toward becoming a key player in the global latex gloves market.
Economic Affairs
Nepal market prices mock central bank’s inflation claims
Despite official inflation at a four-year low, for most families, everyday costs remain high.
Philippines to adopt OECD cryptocurrency tax framework
The full implementation of the globally accepted blueprint is targeted by 2028.
India’s total exports rise by 2.77%, trade deficit narrows to US$6.62 billion
India’s total exports for the full financial year 2024-25 hit an all-time high of US$824.9 billion, exceeding the government’s initial target of US$800 billion, and marking a…
Indonesia plans to raise poverty line despite risky optics
The government plans to push up the poverty line in a move that would bring Indonesia’s measure closer to that of the World Bank, even though that could be politically risky, as…
Business groups urge Malaysian government to defer and reduce Sales and Service Tax hike
They described the timing and scale of the new tax as "gravely misguided" and warned it would trigger inflation, shrink consumer spending, discourage investment, and threaten the…
Thailand ranks lowest in ASEAN for business innovation, World Bank finds
This poses challenges for SME competitiveness and growth.
China’s economy maintains recovery momentum in May
The country's broader economy maintained steady growth, backed by supportive macroeconomic policies, pointing to the strong resilience and vitality.
Expansion of US steel tariffs brings both challenges and chances for China
The said tariffs will prompt Chinese home appliance manufacturers and exporters to realign supply chain networks and diversify business layouts in emerging markets.
Mideast tensions test South Korea’s fragile recovery
Oil prices surged after Israel launched airstrikes on Iran on June 13, followed by retaliatory attacks over the weekend. Korea, already grappling with sluggish growth and rising…