The Asian Development Bank said there were 9.3 million fewer employed workers in Southeast Asia in 2021 as Covid-19 curbs reduced economic activity, leaving millions without work.
The southern port city, which is also China's tech and manufacturing hub, was placed under a seven-day lockdown from Sunday (March 13) to contain the spread of Covid-19.
With uncertainty over how the three-week-long invasion by Moscow of its neighbour might pan out, questions remain over the degree of inflation to expect.
A jeweller interviewed said the war in Ukraine did have an impact on the industry, but people would always be able to make money out of gold.
The Department of Finance said this is a more equitable response to the rising price of fuel rather than suspending excise tax on fuel, which would only benefit “richer…
The government has already been providing subsidies to oil wholesalers as a temporary measure in order to keep the nationwide average price of gasoline at about ¥172 (US$1.45)…
The Mathura and Banaskantha districts in Uttar Pradesh and Gujarat respectively have also been identified as clusters for the export of dairy products.
Prime Minister Fumio Kishida has urged profitable companies to boost wages at spring wage negotiations, setting a guideline for most other companies.
The problems are worsened by what was described as “excessive” terminal fees and other monthly charges being collected by a private transportation terminal for jeepneys,…
Experts says the fifth wave of Omicron outbreak is a short-term threat to the Hong Kong economy, but it will not affect the city’s financial infrastructure.