Seoul City seeks to boost budget by 3 trillion won for safety net
The increased budget will be spent to alleviate the rising cost of living of those marginalized, offset city transportation maintenance costs due to the belated fare hike, tackle…
ECONOMIC AFFAIRS
Malaysia’s food inflation rate reduced, thanks to Menu Rahmah: Minister
The Domestic Trade and Cost of Living Minister said the initiative had also been able to increase the sales of participating companies by 25 to 30 per cent on average.
Move Forward and Pheu Thai pledge to tackle rising households debt
Rising household debt is considered a significant economic problem in Thailand, and currently stands at a record high of 15.09 trillion baht, according to the National Economic…
Bali warns foreign tourists against making crypto payments
The warning comes in the wake of reports of international tourists in Bali utilising cryptocurrencies as a means of payment.
ADB grants $350 million loan for Sri Lanka
The loan will help stabilise the economy of the South Asian nation after Sri Lanka ran out of foreign currency and defaulted on its $46 billion debt over a year ago.
Vietnam among world’s earliest in banking digital transformation: Forum
More than 30 per cent of the population uses banking apps, second globally only after China (41 per cent), according to former chairman of the National Financial Supervisory…
Number of ‘sick’, abandoned housing projects expected to increase: Deputy minister
"There are only a few matters still outstanding involving several agencies," the deputy local government development minister said.
Japan mulls introducing “digital nomad” visa
According to data compiled overseas, there are estimated to be about 35 million digital nomads in the world, and annual spending by such workers is estimated to be about ¥110…
Kishida takes hands-on approach to revive domestic chipmaking
Kishida’s initiative to personally approach major companies is intended to revive the Japanese semiconductor industry and strengthen supply chains.
Hike property tax to curb accumulation of wealth, inequality
In the absence of property tax, land owners have been holding the properties for years without doing anything on the land.