Philippine inflation will likely peak in December: Central bank governor
Annual inflation of 8 per cent in November brought the year-to-date rate at 5.6 per cent, well outside the central bank’s 2 per cent to 4 per cent target for the year.
S’pore unlikely to face energy price surge despite global demand amid frigid winter: Analysts
This comes as a rare triple-dip La Nina is forecast to induce below-freezing temperatures in China, Japan and South Korea over the next few weeks and an Arctic blast has dumped…
Delayed or not, will higher Philippines income status mean better Filipino lives?
The Philippines has been classified as a lower middle-income country ever since the World Bank came up with its classification scheme.
Migrant departures turn into exodus as Nepal’s economy stalls
Official statistics show that 347,340 Nepalis had left the country by the first five-month period that ended mid-December.
South Korea to extend tax cuts as inflation saps demand, growth
Authorities hope the tax reduction can temper the spike in prices for public utilities such as electric and gas. In October, public utility charges in Korea surged by 23.1 per…
‘Inflation will remain high in the foreseeable future’: Expert
According to economist Keshav Acharya, Nepal's inflation has doubled to more than 8 per cent on a year-on-year basis, and the country's external sector is still very fragile.
Bangladesh Bank relaxes loan repayment policy again
Insiders expressed their worries that the relaxed policy would deepen the liquidity stress in the banking sector as lenders will not get back the expected amount of funds from…
Be prepared to pay actual cost of electricity generation: Bangladesh PM
She said the government had to ration electricity in the country for some days due to the global price hike of fuel and gas.
India has sufficient food grain stocks: Govt
The government has made sure to meet the requirement of all the welfare schemes across the country and that prices remain under control.
Malaysians saving less, most do not have enough in retirement funds: Survey
The looming recession may push them to the brink given their dwindling savings coupled with the aftermath of the Covid-19 pandemic.