Australian central bank lifts interest rate for first time in over decade
Figures released by the Australian Bureau of Statistics last week showed inflation had reached a two-decade high of 5.1% in the last 12 months.
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Be prepared for economic challenges ahead, says PM Lee
Global growth will be weaker, and there may be a recession within the next two years, he warned, calling on people to be prepared to face up to the realities.
Hong Kong wage subsidy: 87,000 applications received on first day
The scheme allows employers to claim wage subsidies for each eligible staff member for three months, covering May to July this year.
Indonesia’s palm oil export ban could cost state $1.4 billion a month
The ban on RBD palm olein exports becomes effective on Thursday (April 28) and will remain in place until the price of cooking oil drops.
Outpacing Hyundai, SK becomes 2nd-largest conglomerate in South Korea
Samsung remained at the top, while LG and Lotte placed fourth and fifth, respectively.
Hainan projected to be new gateway for China-Asean trade
Located at the southernmost tip of China, the free-trade port is well placed to strengthen ties with the region.
Remote working booms in China
The number of China's remote employees has reached 469 million as of December 2021, up 35.7 percent year-on-year.
Crude palm oil excluded from Indonesia export ban
Jokowi had said that exports of cooking oil and its raw material would be banned, but did not mention details.
Nissan ends production of Datsun brand vehicles
The Datsun brand, which made its debut in Nissan’s early years, was revived under the leadership of former Nissan boss Carlos Ghosn as affordable vehicles. Sales, however, were…
From Oreo to shampoo, palm oil is part of everyday life
Indonesia counts for more than half of the global supply of the edible oil, which is used in everything from cakes to cleaning products.