Sri Lanka admits bankruptcy, crisis to drag through 2023
The island nation has endured months of galloping inflation and lengthy power cuts after the government ran out of foreign currency to import vital goods.
ECONOMIC AFFAIRS
Bank of Korea eyes bumper rate hike as inflation hits 24-year high
The deputy director-general for short-term economic statistics stated that Korea could see prices soar 7 per cent annually in the coming months, given the current pace of…
Inflation not done with Philippines, shrinks peso value: Statistics Authority
National Statistician Dennis Mapa said elevated food, fuel and transport costs, as well as “sin” products, like cigarettes and alcoholic drinks, contributed the most to last…
China mulls dipping into pork reserves to rein in costs
Pork prices in the world's second-biggest economy spiked late last month, with the meat selling for 32 percent more than in June 2021.
Cambodian e-commerce surges nearly a fifth in 2021
Growth of the e-commerce market is expected to reach a value of $1.12 billion this year and $1.78 billion in 2025.
‘Compared to food crisis in US, UK, we’re still in decent state’: Bangladesh PM
The prime minister also asked all to bring every inch of land across the country under cultivation to grow more food.
‘It’s on track’: Finance minister refutes report claiming postponement of IMF programme
He also announced that Pakistan had received the Memorandum of Economic and Fiscal Policies from the IMF for the combined seventh and eighth reviews.
We want to make Uttar Pradesh a one trillion-dollar economy: Yogi Adityanath
The chief minister said that in the past five years, his government had worked against nepotism, family politics, casteism and bad governance to establish the rule of law.
2022 deficit to drop below 4% despite subsidy hike: Indonesia government
The growth in revenue was largely due to surging commodity prices and recovery in tax collection as the domestic economy rebounded.
No word from Malaysia on when chicken export ban will be lifted
34 per cent of Singapore's chicken supply comes from Malaysia, with most of those chickens imported live and slaughtered locally.