Japanese lumber prices soaring again
Prices for plywood and lumber have risen 10 to 20 per cent in the last three months, leading to moves to raise housing prices.
ECONOMIC AFFAIRS
Despite global inflation, Pakistan not as vulnerable as people think: Bank head
Fears have risen about Pakistan’s stuttering economy as the rupee fell nearly eight per cent against the US dollar in the last trading week.
‘Economic crisis’ not ending soon: Bangladesh economists
They also urged the government to take more measures as the current ones taken to address the situation are inadequate.
Corruption, import-dependent policies among reasons cited for Bangladesh power crisis
The nine reasons also include avoiding and ignoring renewable energy options, lacking initiatives for local gas explorations
Foreign visitors to Japan top 500,000 in Jan-June
However, the figure is still down 96.9 per cent from the first half of 2019, according to the Japan National Tourism Organization.
South Korea targets 340 trillion won investment for chip supremacy
Over the past decade, chips have been the nation’s top export item, with their trade volume making up the largest share of total exports at 19.9 percent.
Global rate raise: Asian central banks forced to play catch-up
Asia has lagged as the rest of the world, including emerging markets, began lifting rates as early as last June.
Hong Kong consumer prices up 1.8% in June
In view of surging inflation in some major import sources, price pressures on the external front are expected to remain notable, said a government spokesman.
Chicken prices in Putrajaya to be ‘lowest in the market’ from Aug 1: Minister
He said a slaughterhouse would be built to try to continuously maintain the set price for chickens.
Pakistan won’t go route of ‘regional country’ as fuel reserves at ‘record levels’: Ministers
The comparison was an apparent reference to Sri Lanka, the island nation of 22 million that has been reeling from economic crises for months