Bhutan’s youth unemployment to dip to 19.2 percent in Q2
Overall unemployment rate is estimated at 3.7 percent.
Economic Affairs
Indonesia launches new tracking system to prevent fraud in nickel, tin mining
Resource-rich Indonesia is the world’s biggest producer of nickel and one of the largest producers of tin. Simbara will enable the government to track the supply of nickel and…
Hong Kong consumer prices rise by 1.5% in June
Compared with June last year, price increases were recorded in alcoholic drinks and tobacco, meals out and takeaway food, miscellaneous services, transport, housing, miscellaneous…
ASEAN’s tech-savvy young people a ‘huge asset to Hong Kong’s IT firms
Vietnam and Thailand, in particular, have become popular choices for Hong Kong firms seeking information and technology outsource solutions, as these countries have plenty of…
China’s Third Plenum: Economy to get greater financial policy support
Central bank cuts key interest rates to boost investment and consumption.
China’s BEV industry asks EU to rectify its probe
In a nonbinding vote last week on the punitive tariffs on Chinese BEVs, 12 of the 27 EU member states voted in favor, four opposed while 11 states abstained.
China’s Third Plenum: Policies set to boost foreign investment, high-level opening-up
China will expand the catalog of industries encouraging foreign investment and reasonably reduce the items on the negative list for foreign investment access.
Thai confidence index slumps as more factories shut down
Business sentiment falls to a new low as small, and medium businesses shutter due to a slowdown in the economy.
Philippines still among Asean’s fastest growing economies
The Asian Development Bank affirms the country's GDP growth outlook of 6% this year, and 6.2% next year.
IMF raises India’s growth projection for FY25 to 7%
The UN body expects gross domestic product growth in FY26 to slow down to 6.5%, same as projected in its April World Economic Outlook.