Russia endures the West’s economic sanctions after 2 years of aggression
The reason why the Russian economy appears to be robust is largely due to the impact of increased military-related government spending.
Economic Affairs
Nepal’s urban poverty is on the rise, while rural poverty keeps falling
Urbanisation is a global phenomenon and the proportion of urban population living in the slums worldwide is on the rise. They live without access to adequate shelter, clean water,…
Politicking over a new IMF deal is no longer an option for Pakistan
AS political parties scramble to form a potentially weak coalition at the centre, the uncertainty unleashed by the inconclusive outcome of the Feb 8 polls is giving Pakistan’s…
ASEAN tourism reaps Spring Festival gains
Thailand, Singapore, Malaysia, Indonesia, and Vietnam were among the top 10 most popular destinations for outbound travel during the Chinese New Year holiday, according to data…
Stronger social protection urged for 1.4 billion children
Expert groups noted that while there has been a modest global increase in access to child benefits in the last 14 years, the progress “has been unequal”.
Calls to offset Malaysian ringgit’s fall
The ringgit has hit a 26-year low as emerging Asian currencies weakened against the dollar, trading at RM4.79 to the US dollar and RM3.57 to the Singapore dollar on Feb 21.
Thailand EV Board gives businesses new tax incentives for using electric commercial vehicles
The board also expects the measures to promote the manufacturing of large commercial electric vehicles.
Explainer: Why do Korean doctors oppose having more physicians?
Doctors have asserted that the government lifting enrollments in medical school will not help to fill the workforce gap in essential care departments and will rather increase…
Bangladesh commerce ministry to share commodity prices on website daily
Under a price discovery method, different ministries like food, agricultural, fisheries and livestock will supply a price chart to the commerce ministry every day and the commerce…
Asian regional cooperation highlighted at security meeting
Veteran diplomat Fu Ying said there has been stability and economic progress over the past decades in Asia, where the GDP put together accounts for 40 per cent of the world's…