Indonesia’s inflation rises above 3 percent as Ramadan begins
Experts saw the surge in inflation as temporary, and attributed the hike to seasonal demand picking up during Ramadan and ahead of Idul Fitri.
Economic Affairs
Mongolia’s light industry sector aims to expand export
The light industry sector encompasses a range of industries such as cashmere production, textile, carpet and shoe making, and woodworking. Mongolia has over 50 million sheep, but…
Higher electricity prices in the Philippines forecast until May
The higher projections come as a result of increases in demand across the archipelago peaks during the summer months through May.
Ramadan price surge: the same old story?
Despite strict surveillance by magistrates to control price hikes and adulteration of food, this Ramadan, like always, traders are doing everything against the law.
Jakarta to remain Indonesia’s economic hub, new law says
Although Jakarta is losing its capital status this year, analysts say the upcoming gubernatorial race will nonetheless be highly competitive.
Korean investment firms push into India amid China decline
Korean brokers are shifting towards India as the country rises as the world's most prospective economy. With the Indian economy recording a growth rate of over 8 percent in the…
Bhutan aims for 8 per cent annual growth rate to double economy to US$5 billion by 2029: Finance Minister
This goal is set with the aim of achieving a high-income status with an economy valued at USD 10 billion.
Hyundai Motor eyes 80,000 jobs, W68tr investment at home by 2026
For the next three years, the average amount of the investment per year has been set at about 22.7 trillion won, up 30 percent from the 17.5 trillion won investment in 2023.
Diesel subsidy to end, prices may rise as fuel fund bleeds red: source
Among the measures under consideration are raising the cap on the retail price of diesel from today’s 30 baht per litre, and increasing an excise tax cut on diesel fuel from the…
US-China competition overshadows Boao forum on economic cooperation
Panellists at the annual forum alluded to the backdrop of great power competition that has increasingly affected domains ranging from economics to technology to climate…