Bangladesh PM urges people to practise austerity
She also said austerity should be practised normally without being afraid of it.
ECONOMIC AFFAIRS
Dollar exchange rate shoots past Tk 100 for the first time in Bangladesh
The central bank has so far injected a record $5.31 billion in the current fiscal year to lessen the US dollar shortage faced by banks.
Tough road ahead for President Yoon Suk-yeol’s 59.4 trillion won budget plan
The ruling and main opposition parties have clashed over how much of the budget should be used to assist pandemic-hit small-business owners as promised.
Nepal government hikes public transport and cargo fares, again
The state-owned oil monopoly has jacked up the price of petrol 13 times in a year. Petrol now costs Rs170 per liter, a 38.21 percent jump from last year.
Car loan interest rates in S’pore rise to average of 2.28% after US Fed’s biggest rate hike in 22 years
In the past two years, car loan interest rates have generally not breached the 2 per cent mark.
Provincial board lifts ban on open pit mining in South Cotabato
The lifting of the ban would potentially unlock the resources of Southeast Asia’s largest untapped copper-gold minefield.
Food sellers and bakeries struggling to keep prices low amid growing costs
Prices of raw materials such as cooking oil have spiked, and other costs, such as manpower or utility bills, have also risen significantly.
Be patient, I will gradually turn the ailing economy around: Sri Lanka PM
“I am going to change many of the policies of the Rajapakasa government,” he said.
Korea’s cabinet approves Yoon’s 1st bill on 59 trillion won extra budget
The budget, drawn up by a group of ministries, is mostly aimed at supporting the self-employed and microbusiness owners.
Anwar-Najib debate: Develop the economy by adding assets, not selling them off
Former prime minister Najib Razak said the government would have additional revenue if the GST he introduced was still in effect.