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  1. Home
  2. Around Asia
  3. ECONOMIC AFFAIRS (Page 121)

ECONOMIC AFFAIRS

wage.jpg
  • Around Asia
  • COMBATING INFLATION
  • + 2 more
    • ECONOMIC AFFAIRS
    • Home Page

Minimum wages to top Japanese govt recommendation in 22 prefectures

The national weighted average of minimum wages stands at ¥961, up ¥31 from the previous year. The new minimum wages will take effect on or after Oct. 1.

  • Published: August 25, 20229:30 am
  • Author May
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  • Around Asia
  • COMBATING INFLATION
  • + 2 more
    • ECONOMIC AFFAIRS
    • Home Page

China to unveil more policies to cement economic recovery

A State Council executive meeting chaired by Chinese Premier Li Keqiang also planned to send work teams to urge and serve local pro-economy efforts and beef up support for drought…

  • Published: August 25, 20229:29 am
  • Author May
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  • Around Asia
  • ECONOMIC AFFAIRS
  • + 1 more
    • TOP NEWS

South Korea’s ruling party, government agree on more subsidies in 2023 budget

The ruling party and the government also agreed to include budget for planning storm drains in urban areas in light of recent rains, to direct more funds into supporting disabled…

  • Published: August 25, 20229:01 am
  • Author Im Eun-byel
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  • Around Asia
  • ECONOMIC AFFAIRS

Private power plants: ‘Collusive deals’ cost Bangladesh taxpayers $1 billion a year

A study also found that Bangladesh Power Development Board bought electricity from some power plants at a price 25 per cent higher than that of identical power plants.

  • Published: August 25, 20225:00 am
  • Author The Daily Star
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  • Around Asia
  • Daily Digest
  • + 2 more
    • ECONOMIC AFFAIRS
    • Home Page

Bangladesh government trying to shore up Aman rice harvest

The crop accounted for 39 per cent of the nation's rice output in the fiscal year 2021-22.

  • Published: August 24, 202210:44 am
  • Author Mahbubur Rahman Khan
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  • Around Asia
  • COMBATING INFLATION
  • + 2 more
    • ECONOMIC AFFAIRS
    • Home Page

S’pore core inflation hits 13-year high of 4.8% in July, overall inflation reaches 7%

The July figure, slightly above the Bloomberg poll of 4.7 per cent rise, climbed on the back of stronger price hikes in food, electricity and gas.

  • Published: August 24, 20229:01 am
  • Author Claire Huang
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  • Around Asia
  • COMBATING INFLATION
  • + 1 more
    • ECONOMIC AFFAIRS

Pakistan PM Shehbaz announces fuel charge adjustment exemption for 17 million power consumers

He added that the government was also reviewing the situation for the rest of the 13 million power consumers who were in a better financial position.

  • Published: August 24, 20228:41 am
  • Author Dawn
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  • Around Asia
  • COMBATING INFLATION
  • + 1 more
    • ECONOMIC AFFAIRS

Filipinos spend a third of budget for food: Study

The study also found that utilities, transportation, and food totaled 49 per cent of the expenditure share of Filipino homes in 2018.

  • Published: August 24, 20228:29 am
  • Author John Eric Mendoza
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  • Around Asia
  • BUSINESS
  • + 2 more
    • ECONOMIC AFFAIRS
    • Economic Affairs

Won weakens further despite warning against speculation

The depreciating won is a headache for households too, who may have to refinance their budget to respond to soaring food import costs.

  • Published: August 24, 20228:28 am
  • Author Choi Si-young
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  • Around Asia
  • ECONOMIC AFFAIRS

Experts sure RMB won’t have meltdown

While the renminbi exchange rate against the US dollar touched a 23-month low, experts said it is unlikely the Chinese yuan will depreciate significantly in the rest of the year.

  • Published: August 24, 20228:27 am
  • Author Shi Jing

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