Indonesia braces for high inflation
The authorities launched a wage subsidy for 8.8 million low-income workers, as well as cash aid for 12 million micro, small and medium enterprises and direct cash transfers for…
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Bangladesh must not lose focus on macroeconomic stability: ADB
ADB Senior Economist Soon Chan Hong also said that the indirect impact of the Russia-Ukraine war would be high for Bangladesh.
Korea’s top 20% own real estate 251 times more valuable than lowest
A report suggested pandemic-triggered inflation as a key reason behind the widening economic polarization.
Indonesia feels pinch of global oil crisis
These developments mark the winding down of government energy price control policies meant to shield Indonesian consumers from the effects of surging oil prices.
Siem Reap ‘rising star’ of the north: Hun Sen
He said that the “rising star in the north” title does not only refer to the economic development in Siem Reap, but also the economic development in the surrounding provinces.
Indonesia’s cooking oil crisis leads to record inflation in March
Cooking oil prices soared in March after the government revoked a price cap on cooking oil in response to surging international crude palm oil prices.
Thailand’s economy at a turning point, financial experts warn
According to an expert panel debating economic revival, Thailand has fallen behind Asian rivals in its bid to escape the middle-income trap.
The cost of war, oil price and absence of Chinese tourists on Cambodia’s growth
Even as tourists are trickling in amid peace talks between Russia and Ukraine, the ongoing war and ensuing energy bills risk derailing the nation's recovery plans.
India’s GDP to grow 7.4% in 2022-23: FICCI Economic Outlook Survey
Economists also forecast 3.3 per cent growth for agriculture and allied activities growth in 2022-23, with industry and services sectors to grow by 5.9 per cent and 8.5 per cent…
China’s success in fighting poverty offers lesson for all
From 1978 to 2019, the number of people living in poverty in China dropped from about 770 million to 5.51 million.