Painting by South Korean artist Kim Whan-ki fetches $8.4 million at Christie’s New York auction
The sale provided a lift to a Korean art market that is slowly beginning to bounce back after a prolonged downturn.
Economic Affairs
Thailand to introduce polymer 50 and 100 baht notes on November 21
Printed on a specialised plastic material that does not absorb moisture or dirt, the notes are significantly more durable than their paper counterparts. This will help ensure…
Tourism sector warns Thailand may lose ‘top destination’ status; PM Anutin pledges urgent action
Asian and ASEAN markets are experiencing declining outbound travel, and foreign arrivals to Thailand could drop by around 7% next year compared with 2024.
Singapore has varied toolkit, beyond taxes, to manage inequality: PM Wong
PM Wong highlights Singapore's policy levers beyond taxation, like public housing and CPF top-ups, that boost wealth for lower-income households and reduce inequality.
Firmer ringgit could make shopping trips across Causeway costlier for Singaporeans
The Malaysian ringgit has strengthened against the Singapore dollar, moving from over RM3.30 to around RM3.18 per Singapore dollar in recent months.
‘Businesses file Tk 600cr insurance claims over Dhaka airport fire
Insurers say the amount is about the initial claims that they received following the incident. Assessment is now underway, and insurance payouts will depend on a full review of…
Japan mulling stimulus package worth over US$11.7 billion, aiming to tackle rising prices
Arrangements are being made to subsidise winter electricity and gas bills, with each household receiving a total of about ¥6,000 over the three months from January next year,…
Lao government moves to improve civil servant welfare amid rising costs
Finance Minister Santiphab Phomvihane said the planned adjustment will benefit civil servants, military personnel, and police officers, whose wages have been severely eroded by…
Stronger ringgit spurs more Malaysians to buy foreign currency
As a result, moneychangers are experiencing brisk business as Malaysians take advantage of the cheaper rates.
Cambodia–Vietnam trade deficit falls by a third
The reduction in the trade gap, an expert said, is due to several major factors, including increases in agricultural output, improvements in local manufacturing and processing…