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.
Private economists cut Singapore’s 2023 growth forecast on global slowdown woes: MAS survey
The economists also raised their forecast for inflation both this year and next, as price pressures continued to pose a concern.
Fish imports barred from wet markets
The government has also decided that no import clearance shall be issued to institutional buyers for the importation of round scad, bonito, mackerel and moonfish.
Philippine govt warns online sellers of smuggled onions
The government has also threatened to revoke the permits of the retailers found guilty of selling this edible bulb in the markets.