Fact-checking US President Trump’s tariff claim about South Korea. What are his real motives?
Mr. Trump's exaggeration seen as strategic move to pressure South Korea on trade and security.
Economic Affairs
New cars on the block as Chinese brands extend turf war to Indonesia
Several new EV manufacturers have entered the Indonesian market in 2025, seeking refuge from cutthroat competition on their home turf.
Malaysia’s new pension fund rule for foreign workers will boost EPF but is thin on details
Foreign or non-citizen workers will earn dividends from the contributions in their accounts, and can eventually withdraw their money when returning to their home countries for…
Thailand’s digital wallet scheme limited to youth aged 16-20
The government is also considering expanding eligibility to older age groups following further evaluation.
150,000 tons of rice released from Japan’s stockpile to douse prices, after Tokyo prices hit all-time high
This is the first time for the government to make a release from its stockpile to stabilise the rice market.
Heating price to increase from May 16 and water prices to increase from Sept 16 in Mongolia
The Energy Regulatory Commission stated that the price adjustments aim to align with market principles and enhance the energy sector's financial sustainability.
Japan starts receiving bids for stockpiled rice
It is the first release of stockpiled rice to relieve distribution bottlenecks. Previously, the government had limited releases to cases of serious poor harvests and large-scale…
China’s CPI down 0.7% in February
Experts attributed the decrease to factors like the timing difference of the Spring Festival holiday, which started in earlier this year compared to last year. Other contributing…
Japan aspires to become Asia’s largest start-up hub, but goal remains elusive
The country aspires to be home to 100,000 start-ups, including 100 unicorns, by March 2028, with start-up investments growing tenfold from 2022 levels to 10 trillion yen (S$89.92…
Outdated gender roles keep South Korea’s wage gap stubbornly high: labor union survey
The figure is the largest among OECD nations at 31.2 percent, according to a new survey.