Prayut admits Thai govt has run out of money
The Thai prime minister also asked for truck operators for their understanding for the increase in prices.
ECONOMIC AFFAIRS
Philippine govt to borrow P200 billion more weeks before Duterte is gone
The Philippines has been sourcing bulk of its financing requirements locally to take advantage of flushing liquidity in the financial market.
Why game theory cannot resolve Russia’s nuclear threats over Ukraine
The writer says technology has paradoxically made it easier for Putin to push the big red button.
Pakistan needs to reduce its current account deficit: IMF
Pakistan's current account deficit ballooned to $13.2 billion in the nine months of the current fiscal year due to soaring oil import costs.
Cambodia’s FDI surges 11.2% to $41 billion in 2021
The Greater China region – comprising mainland China, Hong Kong, Macau and Taiwan – accounted for 43.9% of FDI.
Palm oil incident adds uncertainty over Korea’s GDP
According to the Korea Customs Service, import prices of palm oil had already rapidly increased due to a surge in global demand.
Japan PM Kishida meets with WEF head
They met on Monday (April 25) to confirm their efforts to strengthen international unity.
Japan unveils $103 billion relief package to combat rising prices
The relief package will consist of steps to deal with rising prices such as subsidies to gasoline wholesalers and cash payouts to low-income households.
UK cuts all tariffs on Ukraine, bans more exports to Russia
Britain boosted its sanctions regime against Russia, targeting army chiefs and adding import bans on silver, wood products, and caviar.
Concern rising over slowing overseas Filipino workers remittance growth
An economist early this month said that remittances’ impact on consumer spending would be tempered by elevated inflation and depleting savings amid the prolonged Covid-19…