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
ECONOMIC AFFAIRS
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
Southeast Asian trainees on standby as Japan’s entry ban ends
Of the 350,000 trainees in Japan as of the end of June, most came from Southeast Asian countries — about 200,000 hailed from Vietnam
Việt Nam faces IT workforce shortage
The shortfall stems from the disparity between the programmer's qualifications and business requirements.
Bank Negara expected to tighten monetary policy in second half of 2022
Moody’s Analytics expects Bank Negara Malaysia to pull the trigger on a rate hike, as Malaysia’s economic outlook is looking brighter going into 2022.
India’s trade unions threaten nationwide strike
National trade unions are on a warpath against the Government for its refusal to consider their views on economic issues
Vaccinated travel lanes give Singapore Mice sector a boost
The scheme, which allows quarantine-free travel between Singapore and several countries, is a significant step for the industry here, which relies heavily on foreign attendees and…
Bangladesh’s Chinese loan: Coming but at crawling pace
Chinese loans now amount to 7 percent of Bangladesh's total outstanding foreign loans.
Nepal wants people to use more electricity to prevent wastage
Nepal is enjoying surplus energy for the last two months, but the electricity is neither being fully consumed domestically nor being exported to India, the most prospective buyer.