ADB projects Bhutan’s inflation to moderate at 4.2 percent in 2025
Inflation in Bhutan will largely mirror global price trends for essential commodities like petroleum and food, which heavily feature in the nation’s import basket, an expert…
Economic Affairs
Indonesia’s retail sales barely grow despite Idul Fitri boost
Respondents to the survey said they were more optimistic about the outlook for the next three to six months, as they expect sales to increase in May and August thanks to…
BYD assembly plant to begin Cambodian operations by end of year
The BYD assembly plant will be located in the Sihanoukville Special Economic Zone, which offers convenient transportation access for various components. The plant will involve an…
Dragon fruit unseats durian as Vietnam’s top fruit export
In a surprising shift in Vietnam’s fruit export market, dragon fruit has surged ahead to become the country’s leading fruit export, surpassing durian.
Duty-free loophole? Nepal’s edible oil exports stir crisis in Indian refining industry
According to the Solvent Extractors’ Association of India, the impact of duty-free edible oil imports from Nepal, initially confined to Northern and Eastern India, also spreads…
Indonesia tightens rules on foreign banks, targeting Korean financial firms
Korean lenders are under pressure from Indonesian financial authorities to establish local holding companies.
In Indonesia, consumer confidence sinks to five-month low as economic anxiety grows
The decline reflected growing pessimism over both current economic conditions and future expectations, says an official.
US tariff on Bhutan’s exports likely to have minimal impact: ADB
Going through the four years’ export figures of Bhutan with the US, an expert has said that the export to the US accounts for mere 0.1 percent of Bhutan’s gross domestic…
‘The sky will not fall’: Can Hong Kong’s free port status cushion impacts of tariff war?
Mr Trump has slapped up to 145 per cent tariffs on imports from China, including Hong Kong, despite the city’s status as a free port, where goods are processed and pass through…
Singapore downgrades 2025 GDP forecast to 0%-2% as US-China tariff war weighs on global growth
The Ministry of Trade and Industry's new forecast announced on April 14 is a downgrade from the 1 per cent to 3 per cent range previously. Singapore’s economy grew 4.4 per cent…