Expanding mid-year budget by 122-bn may shake Thai economy: BOT
If the bill passes, then the 500-billion-baht digital wallet scheme will be financed by 122 billion baht taken from the fiscal 2024 budget and the rest from the fiscal 2025 budget…
Economic Affairs
2 million Filipino children severely food poor: UNICEF
It was the first global report that analysed the impacts and causes of dietary deprivation among the world’s youngest people in nearly 100 countries and across income groups.…
Bangladesh’s National Board of Revenue introduces prospective tax rate for the first time
The government said the prospective tax will facilitate the expansion of trade, improve investor confidence in the country's tax system, and encourage local and foreign investment.
Brain drain whittles away at developing countries while policies fumble
High-income countries like the US, Canada and China are competing for labour by launching immigration schemes, providing high salaries and quality of life, to attract skilled…
Dried seaweed prices rise sharply in May in South Korea
The rate of increase in seaweed prices has been steadily rising, from 1.2 per cent in January to 3.1 per cent in February, 6.6 per cent in March and 10 per cent in April.
¥150 billion eyed to support hydrogen projects; Japan to announce plan at IPEF meeting
The Japanese government aims to stimulate private-sector investment by using the money as a springboard for projects such as power generation using hydrogen, development of…
Bangladesh Budget 2024-2025: Budget shows fault lines, not a path out of the crisis
Bangladesh looks to fiscal consolidation by reducing the budget gap to 4.6 percent of GDP, the narrowest in a decade. The administration vowed to continue belt-tightening, a term…
BRICS hopes to see Jakarta join, Indonesia ambassadors say
Southeast Asia's largest economy could give the group of major emerging economies a stronger voice on the global stage.
Chicken, egg prices rise on supply shortage, higher production costs in Bangladesh
Over the past week, the price of eggs has increased by 5 percent and broiler chicken by 7 percent, according to the data collected from three kitchen markets in Dhaka and the…
Singapore, five other Asean economies see stronger investments amid supply chain shifts
The other four nations where foreign direct investment inflows have been gaining traction are: Indonesia, Malaysia, the Philippines, Thailand, Singapore, and Vietnam.