World Bank notes surprising improvement in Pakistan
The World Bank has revised growth projections for the region because of “better prospects in Bangladesh, India and Pakistan.”
ECONOMIC AFFAIRS
Panel formed by Sindh High Court wants ban on cryptocurrency
The committee also recommended cryptocurrency exchanges be banned for their unauthorised operations in the country.
Sri Lanka seeks Chinese debt reschedule for crashing economy
Sri Lanka's foreign reserves had dropped to just US$1.5 billion at the end of November.
China’s consumer inflation up 1.5% in December
The CPI in 2021 climbed 0.9 percent, well below the country's annual target of approximately 3 percent.
End of the road soon for cryptocurrency mining in China
By closing mining lines, China will be honoring its pledge of peaking carbon emissions before 2030 and carbon neutrality before 2060.
RCEP shows region stands together to uphold multilateral trade system
The paper says pact looks set to play a special role in maintaining regional production networks, and stabilizing regional supply chains.
Foreign travellers to S. Korea expected to have fallen below 1m last year
The slump was attributed to strict travel restrictions imposed by countries around the world.
Indonesia loses out as citizens spend billions on healthcare abroad
The government estimates Indonesians spend between Rp 100 trillion to 150 trillion annually for medical services abroad.
China urged to leverage advantages for green transition
For an extended period of time, China is expected to have an annual economic growth of 5 to 6 percent.
Cambodia bicycle exports nearly $514M
The biggest buyers of Cambodian bicycles were the US, UK, Europe, Canada, ASEAN, Japan, China and South Korea.