Indonesia extends gas exports to Singapore by five years
The Energy and Mineral Resources Minister stated that the government will continue supplying gas to the city-state until 2028, having considered domestic supply and demand.
Policy Matters
Measures to spur Chinese consumer spending
Among other measures, equipment upgrading by micro, small and medium-sized businesses will be supported by government-funded interest subsidies.
Greenhouse gas reduction efforts for farm products to be given 3-star rating
According to researchers, 23 per cent of greenhouse gas emissions in the world are derived from the agriculture and forestry industries.
Jet fuel now costlier than ever
At BDT 5 per litre, stakeholders in the aviation industry have blasted Bangladesh Petroleum for its "whimsical decision" to increase the price.
Indonesia considers banning tin ingot exports, but experts unconvinced
The ban is part of the government’s broader plan to reserve mineral resources for domestic processing, as well as to export higher value-added products.
Wealthy foreigners can now buy land, houses in Thailand
To be eligible, foreign citizens will be required to prove they have invested at least 40 million baht in Thailand and can maintain the investment for a minimum of three years.
$25 million reach 189 firms in tourism loan programme
Broken down by category, restaurants accounted for the most funds, at a 38 per cent share, followed by hotels (25 per cent), guesthouses (25 per cent).
Food estate program dubbed ‘total failure’ as technical problems persist
The plan was to prepare land for the cultivation of rice and other staple crops, however, acidic soil had hampered the growth of some crops.
South Korea’s foreign reserves shrink at fastest pace in 14 yrs in Sept amid strong dollar
September's decline came amid worries that aggressive monetary tightening in major countries could throw the global economy into a recession.
China RMB settlements with Belt and Road countries up in 2021
These RMB settlements accounted for 14.8 per cent of China's total cross-border use of RMB in 2021, according to a report by the People's Bank of China.