Asian stocks mixed after Fed says ready to act on inflation
Shanghai and Seoul declined while Tokyo, Hong Kong and Sydney advanced.
ECONOMIC AFFAIRS
Tax deduction for those who contribute to M’sian Greening Programme
To date, a total of 23,746,874 trees had been planted nationwide through the programme.
In shock move, India announces bill to ban cryptocurrencies
The government will, however, allow certain cryptocurrencies to promote the underlying technology and its uses
China-Cambodia FTA to accelerate trade, liberalise investment
China will provide tariff-free status to 97.53 percent of imports from Cambodia, while Cambodia will exempt tariffs on 90 percent of Chinese imports.
Malaysia’s Food and Agriculture Ministry to develop sustainable tuna fishing industry
As of October 2021, a total of 20 tuna vessels, 19 tuna fishing vessels and a tuna carrier vessel have been licensed and were operating in the Indian Ocean.
Marcos family elated over Marcos-Sara Duterte alliance in 2022 polls
Marcos Jr. and Duterte are seeking the top two highest elective posts in the country as president and vice president
India reopens to foreign tourism after 20-month pandemic closure
Since last month tourists on chartered flights were granted entry and Indian authorities expanded that to arrivals on commercial flights from today (Nov 15)
Japan’s economy contracts on shrinking consumption, exports
The nation's economy shrank at a 3% annual rate in the July-September quarter, as private consumption and auto production took a hit
S. Korea’s household debt-GDP ratio highest worldwide
The country's household debt stood at 104.2 percent of its GDP as of end-June this year, the highest among 37 economies
Seoul to invest over 240 billion won to attract foreign capital
The city also plans to attract more than 250 foreign financial firms and attain foreign direct investment of $30 billion by 2030