Issue of unutilised donations for Senkaku Islands raised as ¥1.4 billion languishes
Of the donations collected, only about ¥80 million (US$632,000) was used for research and educational activities.
ECONOMIC AFFAIRS
Flash floods stalk Sunamganj farmers
After the first flash flood hit on March 30, about 7,083 hectares of paddy went under water in the region, causing a loss of around Tk 125 crore (US$14 million).
Japan to keep gasoline subsidy program after May
According to several government and ruling coalition sources, the continuation of the current subsidy program will be included in the emergency economic stimulus package.
South Asia to see slower economic growth as war in Ukraine impedes recovery: World Bank report
The report said the conflict would raise inflation further, as countries already grappled with rising commodity prices, supply bottlenecks, and vulnerabilities in financial…
Vietnam PM speaks with WEF chair, seeks further economic cooperation
The leader also asked WEF to help Vietnam implement a digital transformation, apply science and technology and improve the quality of human resources.
Vietnam’s regional minimum wage to be increased by 6 per cent from July 1
This increase is equivalent to a rise of VNĐ180,000-260,000 (US$7.86-11.36), which varies between regions.
Cambodia brings down petrol, diesel prices 3.8%
International crude prices soared after the Russia-Ukraine conflict began late in February, but have fallen back over the last few of weeks.
Suspension of Nepal Rastra Bank governor may put Nepal in IMF’s bad books
One of the IMF’s conditions for approving $396 million credit facility is that central bank and its personnel’s autonomy should be strengthened further.
New mechanisms needed for debt stress as poor countries hit by surging prices: IMF
Spikes in food and energy prices were hitting low-income countries particularly hard, and they may need more grants and highly concessional financing.
Five ‘band-aids’ the new Pakistan government must apply to revive the economy
The new government will have to make some difficult choices to correct the external and internal imbalances present in the economy.