US imposes new tariffs of 10-12.5% on 60 trading partners over forced labour concerns
The levies, which take effect on July 24, range from 10 per cent to 12.5 per cent and impact major economies like China, India and the European Union.
Economic Affairs
Samsung invited to make Pakistan its export hub
The invitation was extended during a meeting between Commerce Minister Jam Kamal Khan and a delegation led by Samsung Pakistan’s Country Head at the Ministry of Commerce on…
Singapore’s core inflation edges up to 1.6% in June, slightly lower than forecasts
Singapore's core inflation – which excludes private transport and accommodation to better reflect household expenses – came in at 1.6 per cent in June, up from 1.4 per cent in…
From trade hubs to attractions: China’s wholesale markets are becoming tourist hot spots
This trend comes against the backdrop of Beijing’s broader push to stimulate flagging domestic consumption in the world’s second-largest economy.
Thailand, Huawei launch AI ecosystem drive to build ASEAN hub
A key component of the initiative is talent development, with Huawei pledging to train at least 40,000 AI developers to support Thailand's ambitions.
China, US push ahead with reciprocal tariff reductions
Meng Huating, a ministry official, said at a news conference in Beijing that the two countries' economic and trade teams are maintaining close communication on specific…
Chip boom lifts South Korea’s income growth to 38-year high
Stronger chip prices lift real GDI, put 3% annual growth within reach.
Indonesia braces for new trade measures, as US temporary tariff expires
Indonesia is among 14 economies facing a proposed 10 per cent tariff linked to a US investigation into alleged forced-labour concerns.
Vietnam looks to turn culinary acclaim into tourism revenue
With Vietnamese cuisine securing growing recognition from global bodies, travel publications and rankings, the country now has a real shot at transforming every dish into a…
Bhutan’s winter electricity imports double as demand surge
The surge highlights the growing reliance on seasonal imports, even though electricity trade balances remain in surplus overall.