Foreign investors rush to ‘undervalued’ stocks
Since South Korea late last month vowed to come up with new measures to tackle the "Korea discount," offshore investors are increasingly flocking to invest in firms with low…
Economic Affairs
Chinese companies bag contracts for P73-B Davao transport project
The project would involve the construction of more than 1,000 bus stops along bus corridors with shelters to protect passengers from the weather and could serve 800,000 passengers…
Thailand’s tourism Council outlines strategies to raise tourist numbers
"To attract 35-40 million tourists from around the world, we need stronger entrepreneurs to serve the tourists, as well as concrete government policies to increase inbound…
Hong Kong issues the world’s first multi-currency digital green bond
The two-year digital green bonds were offered in Hong Kong dollars, renminbi, US dollars and euros under the Government Green Bond Programme. The launch comes as part of efforts…
Bangladesh govt reduces import tariff on rice, sugar and dates to contain price spiral
The 25 per cent customs duty for rice import has been removed and regulatory duty slashed to 5 per cent from 25 per cent, according to a notification published by the authorities…
Jobs in the Philippines: Quantity over quality?
Filipinos who secured work at the tail end of last year also rated themselves as “poor” – a phenomenon that is “alarming,” according to Sonny Africa, executive director…
Bangladesh hopeful about 3rd tranche of IMF loan
During its visit next month, the IMF team will review the government's performance against the targets set for December 2023.
India coal sector shows highest growth of 10.6% among 8 core industries in Dec 2023
The Ministry of Coal said the impressive growth in the Index of Coal Industry can be attributed to a substantial surge in coal production during the month of December 2023,…
South Korean conglomerates hesitant to hire
Some 67 percent of conglomerates with over 1,000 employees confirmed that they have recruitment plans this year, falling for the third year in a row from 72 percent and 73 percent…
Evolving financial services: Online lending and digital payments lead the way
While other tech-powered innovations in finance like wealth management, insurance technology, cryptocurrencies and personal finance management will experience growth, it will be…