Johor merchants missing the tourism ringgit
A trader said the best tourism ringgit value would always come from international arrivals.
ECONOMIC AFFAIRS
Edible oil prices: Bangladeshi consumers yet to reap benefits of VAT cut
The government waived the 15 percent VAT at production and five percent at retail to reduce prices of soybean and palm oils amid an outcry over the spiralling cost of essentials.
Wanderlust will spark China’s tourism recovery
Despite remaining challenges from the pandemic fallout, domestic tourism players are seeing light at the end of the tunnel, especially with a recently announced support policy.
Price control of key commodities a top priority for Vietnam government
The deputy PM said there was no plan to increase prices for key commodities under the government's price control scheme and administrative fees for the time being.
Hong Kong long-term financial competitiveness to stay strong: DBS
Hong Kong has the deepest renminbi liquidity pool outside the mainland of over 600 billion yuan (US$94 billion), according to the Hong Kong Monetary Authority.
Jokowi raises alarm on domestic inflation amid Ukraine crisis
The government has upheld price limits on goods such as cooking oil, while subsidizing cooking gas and fuel; but Jokowi admitted that holding onto these prices was becoming…
Vietnam must scale-up budget for climate change adaptation: Experts
A report reviewing the climate change budgets of six ministries and 28 provinces concluded that the budgets were insufficient to address the climate risks Vietnam faces.
Qatar will continue LNG supply to Bangladesh: Foreign ministry
The State Minister for Foreign Affairs also thanked the government of Qatar for extending its vaccine support to Bangladesh expatriates and not sending them back during the Covid…
Philippines growth estimate slashed due to Russia-Ukraine war
London-based think tank Capital Economics retained its pre-war forecasts for Indonesia, Malaysia and Singapore, citing the “negligible” impact of the conflict on these…
In a Kingdom far away, effects of the war are starting to be felt
Cambodia grapples with an impending inflation hike as oil prices and the US dollar surge amid the Russia-Ukraine crisis.