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.
Economic Affairs
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…
China implements biggest mortgage rate cut on record
The 25-basis-point cut marks the biggest cut since the over-five-year loan prime rate served as an interest rate benchmark in 2019.
China ready to unleash growth potential
The Chinese economy will grow beyond 5 per cent this year if the government adopts more proactive fiscal and monetary expansion to stimulate domestic investment and consumption,…
Japan’s ‘digital deficit’ swells to ¥5.5 trillion in 2023
The balance of digital payments is the difference between payments made by Japanese companies and others to foreign providers of digital-related services and the amount Japanese…
India to allow onion export to Bangladesh on limited scale
The five other countries to which export has been permitted are Nepal, Bhutan, Bahrain and Mauritius.
Pakistan’s debt profile ‘alarming’, borrowing and spending habits ‘unsustainable’: report
The report said that since 2011, Pakistan’s external debt had nearly doubled while the domestic debt had increased by six-fold, of which the country would need to pay back an…