ECONOMIC AFFAIRSAsia News Network

South Korea to take market-stabilizing steps if needed: Official

The South Korean economy grew 4 percent last year from a year earlier, the fastest growth in 11 years.

Experts said the US-China trade war and the Covid-19 pandemic have pushed companies to diversify supply chains outside of China.

The nation is also confident about the stable operation of foreign trade, despite facing uncertainties in both demand and supply.

The agreement is Singapore's first direct FTA with the Pacific Alliance, a bloc with a combined GDP of more than $2.6 trillion.

The central government collected about 9.15 trillion yuan in revenue, up 10.5 percent year-on-year.

Indonesian banks have adopted technology by creating digital solutions to maintain loyalty or even to propel and gain market share.

The value of Irish pork exports to China has been on the rise in recent years, and with the figure exceeding 200 million euros in 2020.

However, he also stressed that the current inflation was a "global phenomenon".

The IMF said foreign currency reserves in Bangladesh are adequate and not excessive, with the recent peak in reserves to be short-lived.

The remarks came amid growing concerns over a discord in fiscal policies between the government and the central bank.