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  3. Economic Affairs (Page 64)

Economic Affairs

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  • BUSINESS
  • Economic Affairs

Government to relocate textiles, ceramics import points to eastern Indonesia

If implemented, the move would require importers to bear additional logistics costs to transport the goods from the new entry points in eastern Indonesia to Java and Sumatra,…

  • Published: August 28, 20241:35 pm
  • Author Aditya Hadi
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Why Korea suffers record trade deficit despite K-culture boom

Industry sources say that an increasing number of Koreans are opting to travel abroad amid the shifting travel trends of younger generations, coupled with rising costs at home.

  • Published: August 28, 202411:15 am
  • Author Kim Hae-yeon
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Asia-Pacific’s small companies and startups make it to Forbes Asia’s 100 to Watch list

India, a hotbed of startups, has the biggest presence this year with 20 companies, followed by Singapore (15), mainland China (10), Japan (9) and Indonesia (8).

  • Published: August 28, 20248:35 am
  • Author The Nation
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  • BUSINESS
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World Bank forecast that Vietnam’s economy will expand by 6.1 per cent in 2024

Bank asset quality remains a concern given rising non-performing loans and should be closely monitored.

  • Published: August 27, 20241:53 pm
  • Author Viet Nam News
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Private sector won’t commit to new Indonesia capital unless gov’t does: Business groups

Domestic firms want to see the state commit more funds to Nusantara before they themselves feel confident about investing, as they believe the megaproject’s development remains…

  • Published: August 27, 202412:27 pm
  • Author Deni Ghifari
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Guardians of the forest: Southeast Asia’s farmers are under threat from new EU rules on palm oil

Farmers in Indonesia and Malaysia could see their livelihoods threatened by a new EU ban on palm oil sourced from cleared forests. Insight explores how these smallholders can earn…

  • Published: August 27, 202410:55 am
  • Author Ann Asianews Network
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More of Southeast Asia’s super rich turn to family offices to manage wealth

This is fuelled by the region’s strong economy and a growing number joining the ranks of the ultra wealthy.

  • Published: August 27, 20248:40 am
  • Author Angela Tan
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Chinese automakers pushing back against European Union’s plan for tariffs

In July, the EU imposed provisional additional tariffs of up to 37.6 percent on EVs made in China, after it launched an anti-subsidy probe in October 2023.

  • Published: August 27, 20248:25 am
  • Author Li Fusheng
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  • BUSINESS
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South Korea’s chaebol leaders to join President Yoon in Czech Republic

Yoon’s Czech visit comes after a Korean consortium, led by Korea Hydro and Nuclear Power, was recently named a preferred bidder for a major nuclear plant project in the European…

  • Published: August 26, 20242:19 pm
  • Author Jie Ye-eun
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Japanese scallops to be processed in Bangladesh as gov’t seeks export routes to replace China

The government is also supporting the establishment of new processing plants for Japanese scallops in Vietnam and Mexico to diversify export destinations and replace China.

  • Published: August 26, 20241:12 pm
  • Author The Japan News

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