Thailand car production falls 23% in March
The Federation of Thai Industries expects car sales to improve in the second half of the year due to increased spending, government stimulus measures and tourism recovery.
Economic Affairs
South Korean investment in US almost doubles from pre-pandemic: report
Large conglomerates like Samsung Electronics, SK hynix and Hyundai Motor have built or plan to establish facilities in the US portion of North America's so-called Auto Alley area…
Bank Indonesia hikes interest rates to mitigate external risks
Bank Indonesia has raised its key interest rates in what it calls a “preemptive measure” in light of global risks caused by the uncertain outlook of monetary policy in the…
Iranian President Raisi, Sindh CM discuss bilateral economic opportunities in Karachi meeting
President Raisi is currently on a three-day visit to Pakistan and had arrived a day ago. His visit is the first of its kind by any head of state after the February 8 general…
Philippine House execs to look into reason for high basic commodity prices
While headline inflation numbers have not been volatile in the past few months, the Philippine Statistics Authority reported in early April that inflation rose to 3.7 per cent for…
‘Green economy’ rankings: How does the Philippines fare in the region?
According to the first Southeast Asia Green Economy Index unveiled in Singapore last week, the Philippines is fifth among the 10 countries evaluated.
Malaysia is the best Southeast Asian country for startups, 10th in the world: Study
The country claimed the 10th spot globally in the analysis of 52 countries by Business Name Generator.
China creates 3.03 million new urban jobs in Q1, completes targets
The national urban surveyed unemployment rate stood at 5.2 percent last month, reflecting overall stability in the employment market, according to the ministry.
More Singapore F&B businesses expanding overseas
Singapore signed an FTA in 2023 with four South American nations – Argentina, Brazil, Paraguay and Uruguay – which helped local firms gain preferential access to their markets.
Bangladesh may lower corporate tax to encourage compliance
The government revenue authority is also planning other fiscal measures like raising the tax rate on higher-income people to contain the country's gaping income inequality,