IMF suggests to Korea to keep tight mortgage policy
However, the suggestion contrasts with the real estate-related pledge of President-elect Yoon Suk-yeol.
ECONOMIC AFFAIRS
Vietnamese economy expands 5.03% in Q1 2022
This is higher than the growth rate of Q1 2021 at 4.72% and the rate of Q1 2020 at 3.66%, but still lower than the rate recorded in 2019.
Philippines’ farmers lose P2.5 million daily to carrot smugglers
Apart from revenue loss suffered by the government, local farmers are also faced with “difficulties”.
Australia to receive agricultural workers from Vietnam
It is expected that Australia will receive about 1,000 Vietnamese agricultural labourers a year.
Hong Kong’s economy to bounce back: Finance chief
Financial Secretary Paul Chan Mo-po said the current wave of the outbreak so far has piled huge pressure on the local economy.
Sri Lanka asks for food aid
The continuously raging Covid-19 pandemic and the dramatically changing international situation have further worsened the global food shortage and shipping capacity.
Employment situation in Bhutan to improve but to remain below pre-pandemic level
The World Tourism Organisation stated that tourist arrivals around the world might not return to pre-pandemic levels until 2024.
Keep ban on open-pit mining: Philippines governor
The now 12-year-old policy stands in the way of the $5.9-billion Tampakan mining project.
Defer RM1,500 minimum wage: Malaysia’s Chinese Chamber of Commerce
The president of the Chamber also added that the sudden announcement caught many employers by surprise.
Petrol, diesel prices hiked in India for second day in row
At present, India imports nearly 85 per cent of its crude oil requirements.