China’s reopening will boost S’pore tourism, but also lead to higher costs: Roundtable
Experts also urged firms to step up efforts to digitalise their businesses, be more sustainable and broaden their potential talent pools.
ECONOMIC AFFAIRS
Some Japanese companies paying ‘inflation allowances’ to support staff
Many companies appear to be trying to boost their appeal to attract talent before the shunto wage negotiations begin in spring.
Bank of Indonesia signals end to rate hikes, optimism on inflation target
The central bank's latest rate action was in line with estimates published beforehand by state-owned Bank Mandiri and publicly listed private-lender Bank Danamon.
Big hike in gas prices for Bangladesh’s power plants, industry
The development is set to fuel a fresh round of inflation, which declined for the fourth straight month in December last year.
Shopping galas prove effective for recovery
Health-related products are expected to be at the forefront of people's minds in terms of making special purchases for the celebration.
Marcos Jr. presents strength of Philippine economy at WEF meet in Davos
He also said the Philippines continues to focus on sustaining recovery, promoting a local environment that will nurture businesses by helping them maximize their competitiveness.
World Economic Forum projection: Debt, inflation biggest threats to Philippines
But President Ferdinand Marcos Jr. said despite inflation “running rampant and out of control,” the Philippines is still on track “to maintain a strong economic…
Speakers of South-east Asian languages help drive cross-border biz in Nanning
The city is incubating its cross-border e-commerce livestreaming business as a result of the talent living there being fluent in what are sometimes called minor languages.
Cakes, pastries to cost more as egg prices rise
Since 2022, the Marcos administration has been struggling to keep down food prices and ensuring an adequate supply of some key commodities, including red onions and sugar.
2 million non-poor households hit by inflation, rate selves poor now
According to the Philippine Statistics Authority, the spike was mainly due to the higher annual increase in the price index of food and non-alcoholic beverages at 8.4 per cent.