Consumption report highlights sharp urban-rural divide in Bhutan
The survey also highlights substantial differences in housing conditions and food expenditure.
Economic Affairs
5 Chinese cities rise as international centers for consumption
The five cities are Shanghai, Beijing, Guangzhou in Guangdong province, Tianjin, and Chongqing, with policies including instant tax refunds and visa-free transit.
‘I still can’t get over it’: Flight, cabin crew mull over new course after Jetstar Asia closure
More than 500 Singapore-based employees will be laid off when the airline closes. This includes over 100 pilots and nearly 300 cabin crew members.
Cambodia’s vehicle industry exports exceed $1 billion, growth driven by tyre manufacturing
As of 2024, investment in Cambodia’s automotive sector reached approximately $746 million, while exports exceeded $1.1 billion, the majority of which came from tyre…
China set to further advance financial opening-up
China will leverage successful practices from free trade zones and ports, supporting the greater participation of foreign institutions in financial business pilot programs, an…
Economists cut Singapore’s 2025 growth forecast to 1.7% on geopolitical and trade tensions
The downgrade shows increased conviction among economists that Singapore’s economy will slow quite sharply from the 4.4 per cent growth clocked in 2024.
Standard Chartered cuts jobs in Singapore; moves them to India: Finance jobs portal
The move affected about 80 Singapore-based employees – understood to be from the bank’s technology and operations teams – with their jobs being offshored to India, according…
China to set up international operation center for digital currency
This is in a bid to advance the international use of digital yuan and better serve innovation in digital finance, according to the country's central bank.
Thai stocks dip on light trading amid geopolitical jitters
Trading activity remained lacklustre throughout the day, a trend attributed by analysts to the absence of fresh catalysts and persistent geopolitical concerns. Total trading value…
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.