Limit to renminbi’s rising popularity
The renminbi is now the world’s fifth most traded currency in terms of global foreign exchange (forex) turnover – up from the eighth spot in 2019.
Business
Korea declares road map to become hydrogen industry powerhouse
The government will support businesses with hydrogen technology to enter overseas markets and expand both public and private investments.
Foreign food firms step up to lucrative Chinese dining table market
France is presently China's largest source of imported wines, and such exports from the European nation to China have been growing steadily in recent times.
South Korea plans to increase quota for Bangladeshi workers: Envoy
Ambassador Lee Jang-keun said as many as 5,200 Bangladesh workers are expected to go to Korea by the end of the year.
Itaewon businesses survey disaster’s aftermath
Itaewon, a mecca for shopping and tourist attractions, is home to some 2,184 stores, composed of 48.6 per cent retail businesses and 46.3 per cent restaurants and cafes.
Apec leaders, spouses to get 7 souvenirs showcasing Thailand’s uniqueness
The special souvenirs created for the upcoming Apec Summit aim to highlight Thailand’s bio-circular-green economic concept.
Indonesia’s GDP growth accelerates to 5.72%
The domestic economy is benefiting this year from relaxed pandemic restrictions and higher prices for key export commodities in global markets.
South Korea business groups step up pressure for corporate tax breaks
The government introduced its plan to slash the corporate tax ceiling to 22 per cent of earnings from the current 25 per cent in July, pending approval.
Tourist dollars drive surge in Thai gold consumption
“This is the longest streak of consumer demand growth in Thailand”, World Gold Council’s regional CEO said.
Tourism businesses gear up for big Water Festival in provinces
President of the Cambodia Association of Travel Agents said that this year, the Sihanoukville Expressway will help stimulate the growth of tourism.