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  1. Home
  2. Around Asia
  3. ECONOMIC AFFAIRS (Page 164)

ECONOMIC AFFAIRS

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  • Around Asia
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    • ECONOMIC AFFAIRS
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2022 economy faces downside risks: South Korea finance minister

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

  • Published: January 21, 20225:24 pm
  • Author Kim Yon-se
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Singapore firms more upbeat this year as they look to digitalisation: Survey

Across the board, businesses showed a positive hiring outlook for this year, with more job openings and better compensation offered.

  • Published: January 21, 20225:21 pm
  • Author Choo Yun Ting
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Thailand’s gems and jewellery exports ride out the Covid-19 crisis

Past gemstone auctions have seen price increases by 20-30%, including the participation of entrepreneurs in both online and offline trading.

  • Published: January 21, 20224:35 pm
  • Author Ann Asianews Network
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Pakistan revises up 2020-21 GDP growth to 5.37%

This is the second time the GDP rate for 2020-21 has been revised, from an initial 2.3% set in the 2020 annual budget to 3.9% later.

  • Published: January 21, 20222:30 pm
  • Author Ann Asianews Network
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IMF lauds Hong Kong’s financial system, forecasts 2022 growth at 3%

The IMF also noted that Hong Kong's economy has recovered strongly with the support of swift and bold policy responses.

  • Published: January 21, 20229:50 am
  • Author Wang Zhan
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South Korea aims to become 5th-largest metaverse market by 2026

The government will nurture 40,000 professionals and 220 companies specialized in metaverse technology to achieve its goal.

  • Published: January 20, 20224:58 pm
  • Author Kan Hyeong-woo
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Kishida vows to achieve economic growth through wealth distribution

He said he would strive to raise the income of people by reviewing the official fees that are used as a basis to calculate salaries.

  • Published: January 20, 20224:53 pm
  • Author The Japan News
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Thai household debt expected to rise to 90% of GDP

The ratio of household debt to GDP in Thailand is likely to rise again within the first half of 2022.

  • Published: January 20, 20228:57 am
  • Author The Nation
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Indonesia to temporarily tighten crude palm oil export rules

All exporters are subject to this policy, including those that have never supplied domestic markets before.

  • Published: January 20, 20225:00 am
  • Author Ann Asianews Network
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More CBDs needed to facilitate labour flow: Hong Kong legislator

The city has long been faced with human resources’ shortages, especially in the manufacturing industry.

  • Published: January 19, 20228:55 am
  • Author Zhang Tianyuan

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