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.
ECONOMIC AFFAIRS
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.
Trang factory sees hot sales of its charcoal stoves as cooking gas prices rise
Orders for charcoal stoves have risen sharply as fuel and cooking gas prices continued to rise in Thailand.
Inflation fears as Nepal banks report large withdrawals ahead of local elections
Observers say elections are like festivals when huge amounts of cash flow into the market.
South Korea President Yoon says inflation is biggest problem in first meeting
His remarks come as Finance Minister Choo Kyung-ho on the same day outlined price stability as a top priority policy task.
Soaring food, fuel ramp up social unrest risk for emerging markets: Report
The report also found that more than 50 percent of the countries covered by the index have experienced an increase in civil unrest since the pandemic hit.
Bangladesh not eligible for US funds due to labour rights concerns
Cited concerns include the ability of workers to associate, the freedom of association and to form unions, to have those unions be able to operate in an unhindered fashion.
Nepal’s revenue collection hit by import curbs amid falling foreign exchange reserves
Nepal’s revenue is heavily dependent on imports with the government aiming to collect over half of the total targeted revenue from customs offices.
Bangladesh’s per capita income rises to $2,824
The per capita income in Bangladesh rose by 9 per cent year-on-year in 2021-22, according to data of Bangladesh Bureau of Statistics.